H.R.3571 - Entrepreneur Startup Growth Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. Chu, Judy [D-CA-32] (Introduced 12/06/2011)|
|Committees:||House - Ways and Means; Financial Services|
|Latest Action:||01/12/2012 Referred to the Subcommittee on Domestic Monetary Policy and Technology.|
This bill has the status Introduced
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Summary: H.R.3571 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (12/06/2011)
Entrepreneur Startup Growth Act of 2011 - Directs the Commissioner of the Internal Revenue Service (IRS), in consultation with the Administrator of the Small Business Administration (SBA), to establish a self-employment tax initiative grant program to provide certain self-employed individuals with modified adjusted gross incomes of $50,000 or less with affordable tax preparation and business development assistance. Authorizes the Commissioner to make program grants of not more than $75,000 to community-based organizations, microlenders, nonprofit organizations, institutions of higher education, and local governments.
Directs the Comptroller General to study and report on such program, including program outcomes.