US SB1271 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 23 2011 - 25% progression, died in committee
Action: 2011-06-23 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 23 2011 - 25% progression, died in committee
Action: 2011-06-23 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Job Creation Tax Credit Act of 2011 - Amends the Internal Revenue Code to allow a business-related tax credit for 15% of the wages paid to certain unemployed workers in 2011 and 10% of wages paid in 2012. Requires that such workers: (1) begin employment after the enactment of this Act and before January 13, 2013; (2) certify, under penalty of perjury, that they have not been employed for more than 40 hours during the 60-day period ending on the date they begin their employment; and (3) not be hired to replace another employee unless such employee separated from employment voluntarily or for cause.
Title
Job Creation Tax Credit Act of 2011
Sponsors
Sen. Sheldon Whitehouse [D-RI] |
History
Date | Chamber | Action |
---|---|---|
2011-06-23 | Senate | Read twice and referred to the Committee on Finance. |
2011-06-23 | Senate | Sponsor introductory remarks on measure. (CR S4100-4101) |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1271/all-info |
Text | https://www.congress.gov/112/bills/s1271/BILLS-112s1271is.pdf |