US HB4850 | 2009-2010 | 111th Congress
Status
Sponsorship: Slight Partisan Bill (Democrat 57-21)
Status: Introduced on March 16 2010 - 25% progression, died in committee
Action: 2010-03-16 - 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 16 2010 - 25% progression, died in committee
Action: 2010-03-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
American Job Creation and Investment Act - Amends the Internal Revenue Code to allow a corporation to elect in 2010 and 2011 to increase its alternative minimum tax (AMT) credits by a specified credit adjustment amount for purposes of increasing its U.S. workforce and making investments in business equipment. Allows a similar election for a taxable year which includes December 31, 2009, with certain restrictions. Terminates such additional credit allowance after December 31, 2011.
Title
American Job Creation and Investment Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-16 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB3014 (Related) 2010-02-22 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/4850/all-info |
| Text | https://www.congress.gov/111/bills/hr4850/BILLS-111hr4850ih.pdf |
