3.0.0 4513 2023-01-11T13:16:44Z 2023-01-11T13:16:44Z House H HR 2010-01-26 111 hsju00 Judiciary Committee House Standing hsju03 Courts, Intellectual Property, and the Internet Subcommittee Referred to 2010-06-15T13:57:16Z Referred to 2010-01-26T17:33:50Z hsba00 Financial Services Committee House Standing Referred to 2010-01-26T17:33:49Z hswm00 Ways and Means Committee House Standing Referred to 2010-01-26T17:33:48Z 2010-06-15 hsju03 Courts, Intellectual Property, and the Internet Subcommittee 1 House committee actions Referred to the Subcommittee on Courts and Competition Policy. Committee 2010-01-27 Sponsor introductory remarks on measure. (CR H390-391) IntroReferral B00100 9 Library of Congress 2010-01-26 Referred to House Judiciary IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2010-01-26 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-01-26 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-01-26 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2010-01-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-01-26 Introduced in House IntroReferral 1000 9 Library of Congress B001260 Rep. Buchanan, Vern [R-FL-13] Vern Buchanan R FL 13 N L000567 Rep. Lance, Leonard [R-NJ-7] Leonard Lance R NJ 7 2010-02-23 False Labor and Employment Business investment and capital Capital gains tax Evidence and witnesses Financial crises and stabilization Income tax deductions Income tax exclusion Judicial procedure and administration Jurisdiction and venue Lawyers and legal services Legal fees and court costs Securities Small business State and local courts Unemployment Labor and Employment 00 2010-01-26 Introduced in House 2010-02-12T20:28:11Z Job Creation Act of 2010 - Amends the Internal Revenue Code to: (1) extend through 2010 the increased expensing allowance for depreciable business assets; (2) exclude from gross income in 2010 100% of the gain from the sale of small business stock; and (3) exclude from gross income in 2010 all unemployment compensation.

Amends the Emergency Economic Stabilization Act of 2008 (EESA) to require all amounts repaid under the Troubled Asset Relief Program (TARP) to reduce the program's purchase authority.

Amends Rule 11 of the Federal Rules of Civil Procedure (sanctions for filing a frivolous lawsuit) to: (1) require courts to award reasonable expenses, including attorney's fees, to a prevailing party in a Rule 11 proceeding (currently discretionary); and (2) eliminate the 21-day period allowed for withdrawing or correcting a claim deemed frivolous.

Requires state courts to apply Rule 11 to actions in state courts that substantially affect interstate commerce.

Limits venue for personal injury claims filed in state or federal courts to the county or district: (1) in which the plaintiff or defendant resides; (2) where the plaintiff resided at the time of the alleged injury; or (3) the district in which the defendant's principal place of business is located.

Imposes additional sanctions: (1) on attorneys who are found to violate Rule 11 three or more times; and (2) for willful and intentional destruction of documents relevant to a pending action in federal court. Establishes a rebuttable presumption of a Rule 11 violation if a plaintiff attempts to litigate a claim that has already been litigated and lost on the merits.

Prohibits a court in a Rule 11 proceeding from ordering the nondisclosure of the record of the proceeding unless the court makes a specific finding of fact that justifies such an order.

]]> Job Creation Act of 2010 Display Title Job Creation Act of 2010 Official Title as Introduced To create jobs by providing targeted tax relief to individuals and small businesses, curb frivolous lawsuits, and for other purposes. Introduced in House IH Short Titles as Introduced Job Creation Act of 2010 Introduced in House 2010-01-26T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4513ih/xml/BILLS-111hr4513ih.xml 2010-06-15 Referred to the Subcommittee on Courts and Competition Policy. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.