H.R.5420: Incentives for Successful Companies Act of 2010

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced May 26, 2010
  • Latest Major Action May 26, 2010

Bill Cosponsor

Bill Summary

Incentives for Successful Companies Act of 2010 - Amends the Internal Revenue Code to allow through 2014: (1) certain businesses designated as successful companies a business-related tax credit for job training expenses; and (2) an increase to $250,000 in the expensing allowance for depreciable business assets placed in service by such companies. Defines a "successful company" as a U.S. company or enterprise that maintains a long-term U.S....

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 26, 2010

Introduced in the House by Ed Perlmutter (D-Colo.)

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