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- H.R.1036
H.R.1036: Job Creation and Innovation Investment Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 11, 2011
- Latest Major Action March 11, 2011
Bill Sponsor
Bill Cosponsor
Bill Summary
Job Creation and Innovation Investment Act of 2011 - Amends the Internal Revenue Code, with respect to the tax deduction for dividends received from a controlled foreign corporation, to: (1) eliminate limitations on the amount of such deduction, and (2) allow a 100% deduction for companies that reinvest such dividends in a qualified domestic reinvestment plan. Defines "qualified domestic reinvestment plan" as an approved plan for the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| March 11, 2011 |
Introduced in the House by Brian P. Bilbray (R-Calif.) |