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]
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.
Title
Jumpstarting Our Business Sector Act of 2013
Sponsors
| Rep. Paul Broun [R-GA] | Rep. Steve Chabot [R-OH] | Rep. Trent Franks [R-AZ] | Rep. Louie Gohmert [R-TX] |
| Rep. Doug Lamborn [R-CO] | Rep. Billy Long [R-MO] | Rep. Lynn Westmoreland [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-06-14 | House | Referred to the House Committee on Ways and Means. |
| 2013-06-14 | House | Sponsor 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)
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
Business investment and capital
Capital gains tax
Corporate finance and management
Income tax credits
Income tax deductions
Income tax exclusion
Income tax rates
Taxation
Transfer and inheritance taxes
Capital gains tax
Corporate finance and management
Income tax credits
Income tax deductions
Income tax exclusion
Income tax rates
Taxation
Transfer and inheritance taxes
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/2373/all-info |
| Text | https://www.congress.gov/113/bills/hr2373/BILLS-113hr2373ih.pdf |
