PlainBillCongress, translated.Legislation. Context. Public interest.Congressional Research Service
Version 00 · Introduced in House · Jun 22, 1995
Enterprise Capital Formation Act of 1995 - Amends the Internal Revenue Code to allow an exclusion of 75 percent (currently, 50 percent) of the gain from the sale or exchange of qualified small business stock held more than five years. Removes provisions restricting that exclusion to noncorporate taxpayers. Prohibits treating stock of a member of a parent-subsidiary controlled group as qualified while held by another member of such group. Removes provisions listing the excluded amounts as items of tax preference for purposes of alternative minimum tax. Changes the requirements for a business to qualify as a small business for these purposes. Removes provisions relating to a per-issuer limitation on a taxpayer's eligible gain. Modifies the working capital requirements of the active business requirement. Applies the amendments made by this Act to any qualified stock issued after August 10, 1993, if the taxpayer so elects.
People & committees
Rep. Matsui, Robert T. [D-CA-5] · D–CA
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Committee Hearings Held.
Committee Hearings Held.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E1318)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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