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HR 9781118th CongressFailed / ExpiredHouse

Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success (PROGRESS) Act

Policy Area: Taxation
View on Congress.gov
Origin Chamber
House
Last Updated
Dec 16, 2024
Latest Action Date
Sep 24, 2024

Latest Action

Referred to the House Committee on Ways and Means.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The Providing Real Opportunities for Growth to Rising Entrepreneurs for Sustained Success (PROGRESS) Act, introduced in the 118th Congress as H.R. 9781, is a legislative proposal focused on taxation policy. The bill was referred to the House Committee on Ways and Means on September 24, 2024, but it has since failed or expired. No official summary or full text is publicly available, limiting detailed analysis of its specific provisions or mechanisms. The bill's title suggests an intent to support entrepreneurs and small business growth through tax-related measures.

Bottom Line

H.R. 9781 aimed to address tax policies affecting entrepreneurs but did not advance beyond committee referral and ultimately failed or expired without further legislative action.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill is titled to indicate a focus on supporting entrepreneurs through tax policy.
  • It was referred to the House Committee on Ways and Means, the primary tax-writing committee in the House.
  • No official summary or full text is available, limiting detailed understanding of the bill's provisions.
Who Benefits?

["Entrepreneurs and small business owners, as implied by the bill's title.", 'Potentially the broader business community if tax provisions were designed to stimulate growth.']

Potential Concerns

['Lack of publicly available full text and summary restricts assessment of implementation challenges or fiscal impact.', 'Unclear authority and oversight mechanisms due to missing detailed provisions.', 'Potential tradeoffs in tax policy affecting government revenue or distribution of benefits cannot be evaluated.']

Political Context

The bill was introduced in the House during the 118th Congress and referred to the House Committee on Ways and Means, which handles taxation and revenue-related legislation. The bill did not progress beyond committee referral and is recorded as failed or expired as of December 2024. No further legislative actions or debates are documented.

Hidden Impact Review

Hidden impact flags detected: 1

GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

1 Detected
Detected Flags
Indirect Effects

['If enacted, tax policy changes aimed at entrepreneurs could influence small business formation and growth.', 'Potential shifts in tax revenue could affect government budgets and funding for other programs.', 'Changes in tax incentives might alter investment patterns within the entrepreneurial sector.']

GovScope Watchdog Notes

The absence of an official summary and full bill text significantly limits the ability to conduct a thorough and transparent analysis of H.R. 9781. This lack of information restricts public oversight and informed debate on the bill's potential impacts. Future legislative proposals would benefit from timely and complete publication of bill texts and summaries to enhance transparency.

Passage Likelihood: LowConfidence: 60%Model: gpt-4.1-mini

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