US HB4730 | 2009-2010 | 111th Congress

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on March 2 2010 - 25% progression, died in chamber
Action: 2010-03-03 - Sponsor introductory remarks on measure. (CR H1034-1035)
Text: Latest bill text (Introduced) [PDF]

Summary

Tax Credits for Jobs Now Act of 2010 - Amends the Internal Revenue Code allow employers a refundable tax credit for increasing aggregate employee wages paid in 2010 over those paid in 2009, and for increasing aggregate employee wages paid in 2011 over those paid in 2010. Increases the rate of such credit for increasing wage payments in high unemployment states (states with an unemployment rage of at least 8.5%). Limits the annual amount of such credit to $500,000.

Tracking Information

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Title

Tax Credits for Jobs Now Act of 2010

Sponsors


History

DateChamberAction
2010-03-03 Sponsor introductory remarks on measure. (CR H1034-1035)
2010-03-02 Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


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