H.R. 4367 · 117th Congress · House

BOOST Act of 2021

Active· Referred to the House Committee on Ways and Means.
Introduced
Jul 6, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Better Opportunity and Outcomes for Socially Disadvantaged Talent Act of 2021 or the BOOST Act of 2021

This bill allows an exclusion from gross income, for income tax purposes, of 50% of any gain from the sale or exchange of a certified equity interest held for more than 3 years for corporations and partnerships in which a socially disadvantaged individual who is a U.S. citizen has an ownership interest.

Action Timeline

3
  1. JUL 06, 2021IntroReferral

    Introduced in House

  2. JUL 06, 2021IntroReferral

    Introduced in House

  3. JUL 06, 2021IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Jul 6, 2021

Active