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Searching...- Bills
- H.R.6030
H.R.6030: Hire Now Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced June 27, 2012
- Latest Major Action June 27, 2012
Bill Sponsor
Bill Cosponsors
13 (All Democrats)
Bill Summary
Hire Now Act of 2012 - Amends the Internal Revenue Code to: (1) allow certain employers a tax credit for 10% of the excess (if any) of the wages and compensation paid to their employees in 2012 over the amount of such wages paid in 2011, up to a maximum amount of $5 million; (2) prohibit major integrated oil companies from using the last-in, first-out (LIFO) accounting method; and (3) deny major integrated oil companies a tax deduction for...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 27, 2012 |
Introduced in the House by Sander M. Levin (D-Mich.) |