House
Feb 11, 2021

Small Business Succession Planning Act

Summary

Official

Small Business Succession Planning Act This bill requires the Small Business Administration (SBA) to establish a program to assist small businesses with developing and implementing business succession plans. The bill also provides a tax credit for a business that establishes a succession plan or that successfully carries out such a plan. A business succession plan...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(2/11/21)
Committee
Passed House
Passed Senate
President
Law

Sponsor

CB

Mr. Bustos

(D) IL – 17

Cosponsors (20)

Topics

Latest Action

Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Feb 11, 2021