S.2973: Small Business Job Creation Tax Act of 2010

About This Bill

Bill Sponsor

Bill Summary

Small Business Job Creation Tax Act of 2010 - Amends the Internal Revenue Code to allow employers a credit against payroll tax liability for a payroll increase in a quarter over a corresponding quarter in the previous calendar year. Sets the amount of such credit at 20% of such increase for employers that employ fewer than 100 employees and 15% for employers that employ 100 or more employees in any quarter. Limits the total credit amount...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
Feb. 1, 2010

Introduced in the Senate by Bob Casey (D-Pa.)

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