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- S.2237
S.2237: Small Business Jobs and Tax Relief Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 26, 2012
- Latest Major Action July 12, 2012
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Summary
Small Business Jobs and Tax Relief Act - Amends the Internal Revenue Code to allow certain employers a tax credit for 10% of the excess (if any) of: (1) the wages and compensation paid to their employees in 2012; over (2) the amount of such wages paid in 2011, up to a maximum amount of $5 million. Extends for one year the 100% bonus depreciation allowance for business assets. Increases the amount of alternative minimum tax (AMT) credits that...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
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Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 341.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Cloture motion on the motion to proceed to the measure presented in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Motion to proceed to consideration of measure made in Senate.
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Cloture on the motion to proceed to the measure invoked in Senate by Yea-Nay Vote. 80 - 14. Record Vote Number: 174.
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Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent.
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Measure laid before Senate by motion.
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Motion by Senator Reid to commit to Senate Committee on Finance with instructions to report back forthwith with amendment SA 2526 made in Senate.
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Cloture motion on the measure presented in Senate.
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Considered by Senate.
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Cloture on the measure not invoked in Senate by Yea-Nay Vote. 53 - 44. Record Vote Number: 177.
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Returned to the Calendar. Calendar No. 341.
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| March 26, 2012 |
Introduced in the Senate by Harry Reid (D-Nev.) |