D
ear Entrepreneur and Investor:Your support for a legislative initiative to assist angel investing and provide start-up companies with the capital they need to grow and prosper is needed NOW!
Please SUPPORT H.R. 5864 - the Small Business Innovation through Investment Act of 2010 - which was introduced in the U.S. House of Representatives last week. This legislation would incentivize angel investors to invest in small high-tech firms by providing for a 30% credit on a total qualified investment up to $500,000 per year per investor. The credit would be paid out over three years (50 percent of the 30 percent in the first year, 25 percent of the credit in the following two years).
Please go to our website (http://www.pipacusa.org) and click on "Take Action" to express your support for H.R. 5864, the Small Business Innovation through Investment Act of 2010. This bill, which was sponsored by U.S. Congressman Joe Sestak (D-PA), will incentivize angel investors to make early stage investments and provide for much needed capital for start-ups.
Simply click on the topic of Angel Tax Credit, enter your name and address, and a pre-written letter of support is provided for you to send directly to your Congressman and Senator.
If you have any questions please don't hesitate to contact our offices at 717-238-1222.
Sincerely,
Valerie Gaydos
Chairman & Treasurer, PiPAC
To read the full, original article click on this link: Support H.R. 5864 - Angel Tax Credit
