3.0.0 4965 2023-01-11T13:16:21Z 2023-01-11T13:16:21Z House H HR 2010-03-25 111 hswm00 Ways and Means Committee House Standing Referred to 2010-03-25T14:06:48Z Jobs Momentum Act of 2010 111 4680 HR 2010-02-24 Referred to the House Committee on Ways and Means. Related bill CRS 2010-03-25 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-03-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-03-25 Introduced in House IntroReferral 1000 9 Library of Congress D000607 Rep. Donnelly, Joe [D-IN-2] Joe Donnelly D IN 2 N Taxation Business investment and capital Employment taxes Income tax credits Income tax deductions Research and development Unemployment Taxation 00 2010-03-25 Introduced in House 2010-04-22T18:17:39Z Targeted Job Creation and Business Investment Act - Allows a reduction in 2010 and 2011 of an employer's payroll taxes by a specified percentage of the amount by which such employer increases aggregate payroll over the preceding calendar year for employees in high unemployment areas hired after February 3, 2010, and before January 1, 2012.

Amends the Internal Revenue Code to make permanent the tax credit for increasing research activities, bonus depreciation, and the increased (to $250,000) expensing allowance for depreciable business assets.

]]> Targeted Job Creation and Business Investment Act Display Title Targeted Job Creation and Business Investment Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to reduce the employer portion of payroll taxes in the case of employers who expand payroll in 2010 and 2011 in areas with high unemployment and to make permanent the research and development credit, bonus depreciation, and increased expensing limitations. Introduced in House IH Short Titles as Introduced Targeted Job Creation and Business Investment Act Introduced in House 2010-03-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr4965ih/xml/BILLS-111hr4965ih.xml 2010-03-25 Referred to the House Committee on Ways and Means. 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.