S. 695, also known as the "Small Business Investment Act of 2025," aims to modify the tax treatment of gains from qualified small business stock under the Internal Revenue Code. It proposes a phased increase in the percentage of gain that can be excluded from taxes, depending...
Simple Explanation
The bill wants to make it easier for people to invest in small companies by letting them pay less tax on the money they make if they keep their investment for a few years, starting with fewer years than before. This means people might be more interested in helping small businesses grow.