PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Finance.
Congressional Research Service
Version 00 · Introduced in Senate · Dec 15, 2005
Small Business Growth Initiative Act of 2005 - Amends the Internal Revenue Code to: (1) allow certain small business employers (with between two and 100 employees) a business tax credit for employee training expenses; (2) double the tax exclusion of gain from the sale or exchange of qualified small business stock and reduce the holding period for such stock from five to three years; (3) exempt such small business stock gain from the alternative minimum tax; (4) extend through 2010 the increased expensing allowance for depreciable business assets; and (5) increase the tax credit for small employer pension startup costs.
Amends the Small Business Act to increase federal agency expenditures under the Small Business Innovation Research program (SBIR) and the Small Business Technology Transfer program (STTR) through FY2011.
People & committees
Sen. Bayh, Evan [D-IN] · D–IN
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure. (CR S13679-13680)
Introduced in Senate
Primary sources
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Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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