H.R. 1552 · 111th Congress · 2009–2010
To amend the Internal Revenue Code of 1986 to increase the amount allowed as a deduction for start-up expenditures.
H.R. 1552 in the 111th Congress (2009–2010) was introduced on Mar 17, 2009, sponsored by Frank Kratovil Jr. with 103 co-sponsors.
During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Mar 17, 2009
- Co-sponsors
- 103
- Policy area
- Taxation
What it does
Amends the Internal Revenue Code to increase in taxable years beginning in 2009, 2010, or 2011: (1) the limit on the tax deduction for trade or business start-up expenditures from $5,000 to $20,000; and (2) the threshold amount for reducing such limit.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Frank Kratovil Jr. (D-MD). Co-sponsors: 64 Democrats, 39 Republicans.
Where it stands
- IntroducedMar 17, 2009
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Mar 17, 2009)
More bills from Frank Kratovil Jr. in the 111th Congress
Other Taxation bills in the 111th Congress
- H.R. 4462: To accelerate the income tax benefits for charitable cash contributions for the relief of victims…
- H.R. 4887: TRICARE Affirmation Act
- H.R. 5623: Homebuyer Assistance and Improvement Act of 2010
- H.R. 4213: Unemployment Compensation Extension Act of 2010
- H.R. 1586: Aviation Safety and Investment Act of 2010
- H.R. 5552: Firearms Excise Tax Improvement Act of 2010
- H.R. 4783: Claims Resolution Act of 2010
- H.R. 4994: Medicare and Medicaid Extenders Act of 2010
- H.R. 4337: Regulated Investment Company Modernization Act of 2010
- H.R. 5901: Real Estate Jobs and Investment Act of 2010
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
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Capitol Receipts, “H.R. 1552 (111th Congress): To amend the Internal Revenue Code of…,” https://www.capitolreceipts.com/bill/111-hr-1552/to-amend-the-internal-revenue-code-of-1986-to (accessed 2026-10-17).