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- H.R.5974
H.R.5974: Invest in America Now Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced June 20, 2012
- Latest Major Action June 20, 2012
Bill Sponsor
Bill Cosponsors
17 (All Democrats)
Bill Summary
Invest in America Now Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2012 the 100% bonus depreciation allowance for business assets; (2) increase the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation; and (3) deny major integrated oil companies a tax deduction for income attributable to the domestic production,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 20, 2012 |
Introduced in the House by Sander M. Levin (D-Mich.) |