Small Business Investment Act of 1993

Read twice and referred to the Committee on Finance.

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Jan 21, 1993

TABLE OF CONTENTS Title I: Investment Incentives Title II: Accounting Provisions Small Business Investment Act of 1993 - Title I: Investment Incentives - Amends the Internal Revenue Code to increase the dollar limitation on the election to expense certain depreciable business assets. Allows the expensing of certain start-up costs of small businesses. Allows certain adjustments and preferences to not be taken into account in computing the alternative minimum tax for qualified small business activities. Increases the allowable number of shareholders for small business corporations. Title II: Accounting Provisions - Allows an eligible small business to elect to use the inflation-adjusted first-in, first-out inventory method of valuing its inventories. Exempts certain small businesses from the uniform capitalization rules and the special rules for long-term contracts.

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People & committees

Who introduced it

Sen. Dole, Robert J. [R-KS] · R–KS

Committees

Finance Committee

11 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Jan 21, 1993
Read twice and referred to the Committee on Finance.
Jan 21, 1993
Sponsor introductory remarks on measure. (CR S588-592)
Jan 21, 1993
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Jan 21, 1993 Formatted Text PDF

Related bills identified by Congress.gov

HR 104 · Small Business Investment Act of 1993

Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.

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Objective

Analyze S.160 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.160, 103rd Congress: Small Business Investment Act of 1993

Official record: https://www.congress.gov/bill/103rd-congress/senate-bill/160

Text version to examine: Introduced in Senate · 1993-01-21.

Official full text: https://www.congress.gov/103/bills/s160/BILLS-103s160is.htm

Imported record last updated by the source: 2025-08-26T13:52:06Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.160 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine S.160 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss S.160, 103rd Congress: Small Business Investment Act of 1993

Official record: https://www.congress.gov/bill/103rd-congress/senate-bill/160

Text version to examine: Introduced in Senate · 1993-01-21.

Official full text: https://www.congress.gov/103/bills/s160/BILLS-103s160is.htm

Imported record last updated by the source: 2025-08-26T13:52:06Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.160 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine S.160 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.160, 103rd Congress: Small Business Investment Act of 1993

Official record: https://www.congress.gov/bill/103rd-congress/senate-bill/160

Text version to examine: Introduced in Senate · 1993-01-21.

Official full text: https://www.congress.gov/103/bills/s160/BILLS-103s160is.htm

Imported record last updated by the source: 2025-08-26T13:52:06Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.160 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine S.160 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss S.160, 103rd Congress: Small Business Investment Act of 1993

Official record: https://www.congress.gov/bill/103rd-congress/senate-bill/160

Text version to examine: Introduced in Senate · 1993-01-21.

Official full text: https://www.congress.gov/103/bills/s160/BILLS-103s160is.htm

Imported record last updated by the source: 2025-08-26T13:52:06Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.160 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.