S.3660: Middle Class & Small Business Tax Cut Act of 2012

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced Dec. 5, 2012
  • Latest Major Action Dec. 5, 2012

Bill Sponsor

Bill Summary

Middle Class & Small Business Tax Cut Act of 2012 - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to extend through 2013 the reductions in employment and self-employment tax rates. Amends the Internal Revenue Code to allow nongovernmental employers a credit against employment tax liability equal to 10% of the increase in any quarterly payroll over a payroll in a corresponding quarter in the...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Dec. 5, 2012

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

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