Congress 112 - S 2237 - Small Business Jobs and Tax Relief Act

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Cosponsors

Topics

Business investment and capital Employee hiring Income tax credits Income tax deductions Taxation U.S. territories and protectorates Wages and earnings

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Votes

Summary

Small Business Jobs and Tax Relief Act - Amends the Internal Revenue Code to allow certain employers a tax credit for 10% of the excess (if any) of: (1) the wages and compensation paid to their employees in 2012; over (2) the amount of such wages paid in 2011, up to a maximum amount of $5 million. Extends for one year the 100% bonus depreciation allowance for business assets. Increases the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.

Actions

Jul 12, 2012

Returned to the Calendar. Calendar No. 341.
Jul 12, 2012

Cloture on the measure not invoked in Senate by Yea-Nay Vote. 53 - 44. Record Vote Number: 177. (consideration: CR S4938; text: CR S4938)
Jul 12, 2012

Considered by Senate. (consideration: CR S4932-4938)
Jul 11, 2012

Cloture motion on the measure presented in Senate. (consideration: CR S4885; text: CR S4885)
Jul 11, 2012

Motion by Senator Reid to commit to Senate Committee on Finance with instructions to report back forthwith with amendment SA 2526 made in Senate. (consideration: CR S4885; text: CR S4885)
Jul 11, 2012

Measure laid before Senate by motion. (consideration: CR S4835-4885)
Jul 11, 2012

Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent.
Jul 10, 2012

Cloture on the motion to proceed to the measure invoked in Senate by Yea-Nay Vote. 80 - 14. Record Vote Number: 174. (consideration: CR S4804; text: S4804)
Jul 10, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4793-4800, S4804-4815)
Jul 9, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4783-4786)
Jun 29, 2012

Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S4765; text: CR S4765)
Jun 29, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4731-4733, S4735-4764, S4765)
Jun 28, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4689; text: CR S4689)
Jun 27, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4645-4668)
Jun 26, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4627-4631; text: CR S4627)
Jun 25, 2012

Motion to proceed to consideration of measure made in Senate. (consideration: CR S4448)
Mar 27, 2012

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 341.
Mar 26, 2012

Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S2032-2033)
Mar 26, 2012

Introduced in Senate

Amendments

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