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Tax Credit for Investors Supporting New Technology Businesses

This new law introduces a tax credit for individuals who invest in small, innovative technology companies. The aim is to encourage support for the development of new businesses and job creation, by offering a return of a portion of the invested money as a tax credit.
Key points
You can receive a 25% tax credit on your investment, up to a maximum of $250,000 per year.
Investments must be in new, small technology companies (under $1 million in revenue, fewer than 25 employees, in existence for less than 7 years).
There is an annual national limit of $500 million for the entire credit, allocated by the government.
The investment must be held for at least 3 years to avoid having to repay the credit.
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Status:
Expired
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Additional Information
Print number: 117_S_5262
Sponsor: Sen. Murphy, Christopher [D-CT]
Process start date: 2022-12-14
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Angel Tax Credit Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5262.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-14.

What are the main provisions?

Key points include:

  • You can receive a 25% tax credit on your investment, up to a maximum of $250,000 per year.
  • Investments must be in new, small technology companies (under $1 million in revenue, fewer than 25 employees, in existence for less than 7 years).
  • There is an annual national limit of $500 million for the entire credit, allocated by the government.
  • The investment must be held for at least 3 years to avoid having to repay the credit.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Murphy, Christopher [D-CT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Taxes Economy