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- H.R.5982
H.R.5982: Small Business Tax Relief Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced July 30, 2010
- Latest Major Action July 30, 2010
Bill Sponsor
Bill Cosponsors
24 (All Democrats)
Bill Summary
Small Business Tax Relief Act of 2010 - Repeals the provision of the Patient Protection and Affordable Care Act that amends the Internal Revenue Code to apply to corporations reporting requirements for payments of $600 or more to persons engaged in a trade or business. Amends the Internal Revenue Code, with respect to the taxation of foreign income and the foreign tax credit, to: (1) suspend the recognition of foreign tax credits until the...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
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Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Ways and Means
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Referred to House Budget
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Mr. Levin moved to suspend the rules and pass the bill.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 5982.
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 241 - 154 (Roll no. 514).
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| July 30, 2010 |
Introduced in the House by Sander M. Levin (D-Mich.) |