News Column

Rep. Chabot Introduces Bill to Allow Credit Against Income Tax for Angel Investors' Equity Investments

June 24, 2014



by ETHEL TENORIO Targeted News Service

WASHINGTON, June 24 -- Rep. Steve Chabot, R-Ohio, has introduced legislation (H.R. 4931) to "amend the Internal Revenue Code of 1986 to allow a credit against income tax for equity investments by angel investors."

The bill was introduced on June 20 and has Rep. Patrick Murphy, D-Fla., as co-sponsor.

The legislation was referred to the House Ways and Means Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to http://thomas.loc.gov/home/LegislativeData.php?&n=BillText. For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact editor@targetednews.com or call 703/304-1897.

For more information about Targeted News Service products and services, please contact: Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://targetednews.com.

22TenorioEB20140623-db-1166146


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Targeted News Service


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters