S2962Referred to Committee

Small Business Investor Tax Parity Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-10-01
Introduced
2
Cosponsors
S
ⓘ
Type

Sponsor

Jim Banks
Jim Banks
Republican · IN · Senator
Votes with party: 33.5% (319 recorded votes)

Full profile: /officials/B001299

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2025-10-01

Source: Congress.gov

Committee Activity

Previously

Plain-English Summary

This bill would change how the federal government taxes investment gains for small business owners, likely aiming to give them more favorable tax treatment similar to what larger investors receive. The measure would affect entrepreneurs and small business investors by potentially reducing the taxes they owe on profits from selling their businesses or investment stakes. The specific details of what tax breaks would be included are being reviewed by the Senate Finance Committee.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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