Bill 117 H.Res. 1281, also known as the "Of Inquiry Directing the Administrator of the Small Business Administration to Transmit Certain Documents to the House of Representatives Relating to the Role of the Small Business Administration in Determining Taxes for Small Business Concerns," is a piece of legislation that aims to investigate the role of the Small Business Administration (SBA) in determining taxes for small businesses.
The bill directs the Administrator of the SBA to provide certain documents to the House of Representatives that will shed light on how the SBA is involved in the tax process for small business concerns. This includes information on any guidance or regulations issued by the SBA related to taxes, as well as any communications between the SBA and the Internal Revenue Service (IRS) regarding tax matters.
The purpose of this inquiry is to ensure transparency and accountability in the tax process for small businesses, and to assess the effectiveness of the SBA's role in this area. By examining the documents requested in the bill, Congress hopes to gain a better understanding of how the SBA influences tax policies and procedures for small businesses, and to identify any potential areas for improvement.
Overall, Bill 117 H.Res. 1281 seeks to provide Congress with the information needed to make informed decisions about the SBA's involvement in determining taxes for small businesses, with the ultimate goal of supporting and strengthening small businesses in the United States.