Small Business Tax Flexibility Act of 2007
Latest action · Apr 26, 2007 Sponsor introductory remarks on measure. (CR S5175-5176)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 11, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Small Business Tax Flexibility Act of 2007 - Amends the Internal Revenue Code to permit certain small start-up businesses to elect a taxable year, other than the required taxable year, which ends on the last day of any of the months of April through November (or at the end of an equivalent annual period).
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jan 11, 2007 to Feb 12, 2007, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-AR | Blanche L. Lincoln | Original | Jan 11, 2007 |
| R-MS | Trent Lott | Feb 12, 2007 |
Actions 4
Everything that happened, newest first.
- Apr 26, 2007Sponsor introductory remarks on measure. (CR S5175-5176)
- Apr 17, 2007Sponsor introductory remarks on measure. (CR S4592)
- Jan 11, 2007Introduced in Senate
- Jan 11, 2007Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S454)
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jan 11, 2007Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.