US HB3127 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 18 2013 - 25% progression, died in committee
Action: 2013-09-18 - Referred to House Small Business
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Cutting Red Tape, Green-Lighting Small Businesses Act of 2013 - Amends the Internal Revenue Code to allow an employer with not less than 2 or more than 150 employees in a calendar year a business-related tax credit for the cost of up to 5 newly-hired employees who are employed, on average, at least 30 hours per week. Makes such credit available to tax-exempt eligible small employers. Terminates such credit for wages paid after December 31, 2015. Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to: (1) determine, for a new small business concern, what SBA applications, submissions, or other paperwork are not essential to file during the first year of operation of such small business concern; and (2) make rules for the waiver of such filings.

Tracking Information

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Title

Cutting Red Tape, Green-Lighting Small Businesses Act of 2013

Sponsors


History

DateChamberAction
2013-09-18HouseReferred to House Small Business
2013-09-18HouseReferred to House Ways and Means
2013-09-18HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects


US Congress State Sources


Bill Comments

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