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Bill
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Investment in New Ventures and Economic Success Today Act of 2017

S. 1144 · 115th Congress · May 17, 2017 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to encourage business creation by allowing faster recovery of start-up and organizational expenses, to simplify accounting methods for small businesses, to expand expensing and provide accelerated cost recovery to encourage investment in new plants and equipment, and for other purposes.

Section 1 Short title; amendment of 1986 Code; table of contents

(a)
Short title— This Act may be cited as the “Investment in New Ventures and Economic Success Today Act of 2017” or the “INVEST Act of 2017”.
(b)
Amendment of 1986 Code— Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.
(c)
Table of contents—