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- H.R.4965
H.R.4965: Targeted Job Creation and Business Investment Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced March 25, 2010
- Latest Major Action March 25, 2010
Bill Sponsor
Bill Summary
Targeted Job Creation and Business Investment Act - Allows a reduction in 2010 and 2011 of an employer's payroll taxes by a specified percentage of the amount by which such employer increases aggregate payroll over the preceding calendar year for employees in high unemployment areas hired after February 3, 2010, and before January 1, 2012. Amends the Internal Revenue Code to make permanent the tax credit for increasing research activities,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| March 25, 2010 |
Introduced in the House by Joe Donnelly (D-Ind.) |