US HB4167 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 8 2012 - 25% progression, died in committee
Action: 2012-03-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 8 2012 - 25% progression, died in committee
Action: 2012-03-08 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax Credits for Jobs Now Act of 2012 - Amends the Internal Revenue Code to allow employers a refundable tax credit for: (1) 60% of the excess of the aggregate wages paid to employees during 2012 over the aggregate wages paid during 2011, and (2) 40% of the excess of such wages paid during 2013 over the aggregate inflation-adjusted wages paid during 2012. Limits the maximum amount of such credit to $500,000 in any calendar year.
Title
Tax Credits for Jobs Now Act of 2012
Sponsors
| Rep. John Barrow [D-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-08 | House | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/4167/all-info |
| Text | https://www.congress.gov/112/bills/hr4167/BILLS-112hr4167ih.pdf |
