US HB2373 | 2013-2014 | 113th Congress

Status

Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on June 14 2013 - 25% progression, died in committee
Action: 2013-06-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Jumpstarting Our Business Sector Act of 2013 - Amends the Internal Revenue Code to: (1) eliminate the corporate income tax and the alternative minimum tax (AMT) on corporations in taxable years beginning after 2013; (2) exclude net capital gain from gross income; (3) extend for three years the increased depreciation allowance (bonus depreciation), the 100% expensing allowance for business assets, and the election to accelerate the AMT tax credit in lieu of bonus depreciation; and (4) repeal the estate, gift, and generation-skipping transfer taxes.

Tracking Information

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Title

Jumpstarting Our Business Sector Act of 2013

Sponsors


History

DateChamberAction
2013-06-14HouseReferred to the House Committee on Ways and Means.
2013-06-14HouseSponsor introductory remarks on measure. (CR H3594)

Same As/Similar To

HB147 (Related) 2013-01-03 - Referred to the House Committee on Ways and Means.
HB177 (Related) 2013-01-04 - Referred to the House Committee on Ways and Means.
HB483 (Related) 2013-02-04 - Referred to the House Committee on Ways and Means.
HB1040 (Related) 2013-03-11 - Referred to House Rules
SB1402 (Related) 2013-07-31 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6129)

Subjects


US Congress State Sources


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