Small Business Jobs and Tax Relief Act
Latest action · Jul 12, 2012 Returned to the Calendar. Calendar No. 341.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 26, 2012
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Recorded votes 2
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| Senate 177 | On the Cloture Motion S. 2237 | Cloture Motion Rejected53–44 | Jul 12, 2012 |
| Senate 174 | On Cloture on the Motion to Proceed S. 2237 | Cloture on the Motion to Proceed Agreed to80–14 | Jul 10, 2012 |
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Apr 17, 2012 to Jul 10, 2012.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NY | Charles E. Schumer | Apr 17, 2012 | |
| D-LA | Mary L. Landrieu | Apr 25, 2012 | |
| D-IL | Richard J. Durbin | Apr 25, 2012 | |
| D-PA | Robert P. Casey Jr. | Apr 25, 2012 | |
| D-RI | Sheldon Whitehouse | Apr 26, 2012 | |
| D-CT | Richard Blumenthal | May 9, 2012 | |
| D-DE | Christopher A. Coons | Jul 10, 2012 |
Actions 19
Everything that happened, newest first.
- Jul 12, 2012Considered by Senate. (consideration: CR S4932-4938)
- Jul 12, 2012Cloture 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, 2012Returned to the Calendar. Calendar No. 341.
- Jul 11, 2012Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent.
- Jul 11, 2012Measure laid before Senate by motion. (consideration: CR S4835-4885)
In the Congressional Record 13
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Amendments S5086 | Jerry Moran R-KS (amendment), Mike Lee R-UT (amendment), Saxby Chambliss R-GA (amendment) | Jul 17, 2012 |
| Senate | Amendments S5048Cloture motions S5008Recorded votes S5008cloture motion on motion to proceed | Benjamin L. Cardin D-MD (cloture motion), Charles E. Schumer D-NY (cloture motion), Christopher A. Coons D-DE (cloture motion), Daniel Coats R-IN (amendment), Daniel K. Akaka D-HI (cloture motion), Frank R. Lautenberg D-NJ (cloture motion), Harry Reid D-NV (cloture motion), Herb Kohl D-WI (cloture motion), Jack Reed D-RI (cloture motion), James E. Risch R-ID (amendment), James M. Inhofe R-OK (amendment), Jeanne Shaheen D-NH (cloture motion), John Boozman R-AR (amendment), John Hoeven R-ND (amendment), Jon Tester D-MT (cloture motion), Joseph I. Lieberman I-CT (cloture motion), Kay Bailey Hutchison R-TX (amendment), Lindsey Graham R-SC (amendment), Marco Rubio R-FL (amendment), Mark Begich D-AK (cloture motion), Mark L. Pryor D-AR (cloture motion), Mark Udall D-CO (cloture motion), Michael B. Enzi R-WY (amendment), Patrick J. Toomey R-PA (amendment), Richard Burr R-NC (amendment), Rob Portman R-OH (amendment), Robert Menendez D-NJ (cloture motion), Roy Blunt R-MO (amendment), Saxby Chambliss R-GA (amendment), Sheldon Whitehouse D-RI (cloture motion), Sherrod Brown D-OH (cloture motion), Tim Johnson D-SD (cloture motion) | Jul 16, 2012 |
| Senate | Debate and remarks S4919–S4928, S4930–S4938Amendments S4951, S4952, S4960, S4961, S4962, S4963, S4964, S4965, S4966, S4973, S4976, S4978Motions S4936Cloture motions S4938Recorded votes S4936, S4938Baucus motion to table Reid amendment (provide a deduction for domestic business income of qualified small businesses)cloture motion on Landrieu amendment (substitute) | Al Franken D-MN (cloture motion), Barbara A. Mikulski D-MD (cloture motion), Barbara Boxer D-CA (cloture motion), Benjamin L. Cardin D-MD (cloture motion), Bernard Sanders I-VT (amendment), Carl Levin D-MI (cloture motion), Christopher A. Coons D-DE (amendment), Claire McCaskill D-MO, David Vitter R-LA (amendment), Frank R. Lautenberg D-NJ (cloture motion), Harry Reid D-NV (cloture motion), Jack Reed D-RI, Jeanne Shaheen D-NH (amendment), Jeff Merkley D-OR (amendment), Joe Manchin III D-WV (amendment), John Barrasso R-WY (amendment), John Boozman R-AR (amendment), John Cornyn R-TX (amendment), John Hoeven R-ND, John Thune R-SD (amendment), Jon Kyl R-AZ (amendment), Kay R. Hagan D-NC, Kirsten E. Gillibrand D-NY (cloture motion), Lamar Alexander R-TN (amendment), Marco Rubio R-FL (amendment), Mark Begich D-AK (amendment, cloture motion), Mark Kirk R-IL (amendment), Mark Udall D-CO (cloture motion), Mary L. Landrieu D-LA (cloture motion), Max Baucus D-MT (cloture motion, motion), Mike Johanns R-NE (amendment), Mitch McConnell R-KY, Olympia J. Snowe R-ME (amendment), Orrin G. Hatch R-UT (amendment), Pat Roberts R-KS (amendment), Patrick J. Leahy D-VT (cloture motion), Rand Paul R-KY (amendment), Richard Blumenthal D-CT (cloture motion), Richard Burr R-NC (amendment), Richard J. Durbin D-IL (cloture motion), Rob Portman R-OH (amendment), Ron Wyden D-OR (amendment), Scott P. Brown R-MA (amendment), Sheldon Whitehouse D-RI (cloture motion), Susan M. Collins R-ME (amendment), Tom Coburn R-OK (amendment), Tom Udall D-NM (cloture motion) | Jul 12, 2012 |
| Senate | Debate and remarks S4835–S4843, S4845, S4846, S4851–S4853, S4872–S4884, S4884–S4886Amendments S4884, S4885, S4894, S4896, S4897, S4898, S4899, S4900, S4912, S4914, S4915Cloture motions S4884, S4885Lists S4883Organizations supporting the Enzi amendment to S. 2237, Small Business Jobs and Tax Relief Act, on empowering States to require online retailers to collect and remit State sales and use taxes | Al Franken D-MN (amendment, cloture motion), Amy Klobuchar D-MN (amendment), Barbara A. Mikulski D-MD (cloture motion), Barbara Boxer D-CA (cloture motion), Benjamin L. Cardin D-MD (cloture motion), Carl Levin D-MI (amendment, cloture motion), Charles E. Schumer D-NY, Chuck Grassley R-IA (amendment), Daniel Coats R-IN (amendment), Daniel K. Akaka D-HI (amendment), David Vitter R-LA (amendment), Dean Heller R-NV (amendment), Frank R. Lautenberg D-NJ (cloture motion), Harry Reid D-NV (amendment, cloture motion), James E. Risch R-ID (amendment), James M. Inhofe R-OK (amendment), Jeanne Shaheen D-NH, Jeff Sessions R-AL (amendment), Jerry Moran R-KS (amendment), John Barrasso R-WY (amendment), John Boozman R-AR (amendment), John Cornyn R-TX (amendment), John Hoeven R-ND (amendment), John McCain R-AZ (amendment), John Thune R-SD (amendment), Johnny Isakson R-GA (amendment), Jon Kyl R-AZ (amendment), Jon Tester D-MT (amendment), Kay Bailey Hutchison R-TX (amendment), Kelly Ayotte R-NH (amendment), Kirsten E. Gillibrand D-NY (cloture motion), Lamar Alexander R-TN (amendment), Lindsey Graham R-SC (amendment), Marco Rubio R-FL (amendment), Mark Begich D-AK (amendment, cloture motion), Mark Kirk R-IL (amendment), Mark Udall D-CO (amendment, cloture motion), Mary L. Landrieu D-LA (amendment, cloture motion), Max Baucus D-MT (cloture motion), Michael B. Enzi R-WY (amendment), Michael F. Bennet D-CO (amendment), Mike Crapo R-ID (amendment), Mike Johanns R-NE (amendment), Mike Lee R-UT (amendment), Mitch McConnell R-KY, Orrin G. Hatch R-UT (amendment), Pat Roberts R-KS (amendment), Patrick J. Leahy D-VT (cloture motion), Patrick J. Toomey R-PA (amendment), Richard Blumenthal D-CT (cloture motion), Richard Burr R-NC (amendment), Richard G. Lugar R-IN (amendment), Richard J. Durbin D-IL (cloture motion), Rob Portman R-OH (amendment), Robert P. Casey Jr. D-PA (amendment), Roger F. Wicker R-MS (amendment), Ron Johnson R-WI (amendment), Roy Blunt R-MO (amendment), Scott P. Brown R-MA (amendment), Sheldon Whitehouse D-RI (amendment, cloture motion), Sherrod Brown D-OH (amendment), Susan M. Collins R-ME (amendment), Thad Cochran R-MS (amendment), Tom Coburn R-OK (amendment), Tom Udall D-NM (cloture motion) | Jul 11, 2012 |
| Senate | Debate and remarks S4793, S4795, S4804–S4806, S4812Amendments S4825, S4827, S4828, S4829, S4830Motions S4793Cloture motions S4804Recorded votes S4804cloture motion on motion to proceed | Al Franken D-MN (cloture motion), Ben Nelson D-NE (amendment), Benjamin L. Cardin D-MD (amendment, cloture motion), Carl Levin D-MI (cloture motion), Charles E. Schumer D-NY (cloture motion), Chuck Grassley R-IA (amendment), Claire McCaskill D-MO (amendment), Daniel K. Inouye D-HI (cloture motion), Dean Heller R-NV (amendment), Harry Reid D-NV (cloture motion, motion), Jack Reed D-RI (amendment), Jeff Bingaman D-NM (amendment, cloture motion), Jeff Merkley D-OR (cloture motion), John Boozman R-AR (amendment), John Cornyn R-TX (amendment), John D. Rockefeller IV D-WV (amendment, cloture motion), John F. Kerry D-MA (cloture motion), John Thune R-SD (amendment), Jon Kyl R-AZ (amendment), Jon Tester D-MT (amendment), Kay Bailey Hutchison R-TX (amendment), Kent Conrad D-ND (amendment, cloture motion), Lamar Alexander R-TN (amendment), Lindsey Graham R-SC (amendment), Marco Rubio R-FL (amendment), Max Baucus D-MT (cloture motion), Michael B. Enzi R-WY (amendment), Mike Crapo R-ID (amendment), Mitch McConnell R-KY (amendment), Olympia J. Snowe R-ME (amendment), Orrin G. Hatch R-UT (amendment), Pat Roberts R-KS (amendment), Patty Murray D-WA (cloture motion), Richard Blumenthal D-CT (cloture motion), Richard J. Durbin D-IL (amendment, cloture motion), Rob Portman R-OH (amendment), Roy Blunt R-MO (amendment), Sheldon Whitehouse D-RI (amendment), Sherrod Brown D-OH (amendment), Tim Johnson D-SD (amendment), Tom Harkin D-IA (cloture motion) | Jul 10, 2012 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R42700 | The “Fiscal Cliff”: Macroeconomic Consequences of Tax Increases and Spending Cuts Archived | Report | Jan 9, 2013 |
Amendments 62
Amendments offered to this bill.
| Amendment | Description | Offered by | Status |
|---|---|---|---|
| SA 2490 | No description on file | Claire McCaskill D-MO | Senate amendment submitted |
| SA 2491 | No description on file | Orrin G. Hatch R-UT | Senate amendment submitted |
| SA 2492 | No description on file | Kay Bailey Hutchison R-TX | Senate amendment submitted |
| SA 2493 | No description on file | Kay Bailey Hutchison R-TX | Senate amendment submitted |
| SA 2494 | No description on file | Kay Bailey Hutchison R-TX | Senate amendment submitted |
Related bills 7
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 12 | Job Creation Act of 2011 | Related bill | Jan 25, 2011 |
| HR 1773 | Made in America Act of 2011 | Related bill | May 5, 2011 |
| S 2240 | A bill to amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets. | Related bill | Mar 27, 2012 |
| HR 3630 | Middle Class Tax Relief and Job Creation Act of 2012 | Related bill | Feb 22, 2012 |
| HR 4196 | To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets. | Related bill | Mar 13, 2012 |
| HR 5974 | Invest in America Now Act of 2012 | Related bill | Jun 20, 2012 |
| HR 6030 | Hire Now Act of 2012 | Identical bill | Jun 27, 2012 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to provide a temporary income tax credit for increased payroll and extend bonus depreciation for an additional year, and for other purposes.
- Short Titles as Introduced
- Small Business Jobs and Tax Relief Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 27, 2012Placed on Calendar Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
