To amend the Internal Revenue Code of 1986 to encourage investment in small companies.
Small Investment Tax Relief Act of 2004 - Amends the Internal Revenue Code to allow a noncorporate taxpayer a tax exclusion for up to $100,000 of the gain from the sale of exchange of certain publicly traded small business stock held for more than one year.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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