H.R.4850: American Job Creation and Investment Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced March 16, 2010
  • Latest Major Action March 16, 2010

Bill Cosponsors

77 (56 Democrats, 21 Republicans)

Bill 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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
March 16, 2010

Introduced in the House by Gary Peters (D-Mich.)

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