3.0.0 3123 2023-01-11T13:22:10Z 2023-01-11T13:22:10Z House H HR 2011-10-06 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIBERI:H.R. 3123.Congress has the power to enact this legislation pursuantto the following:This bill makes changes to existing law relating to Article1, Section 7 which provides that ``All bills for raisingRevenue shall originate in the House of Representatives.''[Page H6672]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-10-06T13:02:05Z 2011-10-06 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-10-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-10-06 Introduced in House IntroReferral 1000 9 Library of Congress T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 N L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2011-10-06 True R000578 Rep. Reichert, David G. [R-WA-8] David Reichert R WA G. 8 2011-10-06 True P000595 Rep. Peters, Gary C. [D-MI-9] Gary Peters D MI 9 2011-10-06 True L000263 Rep. Levin, Sander M. [D-MI-12] SANDER LEVIN D MI M. 12 2011-10-06 True M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2011-10-27 False P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2011-10-27 False N000181 Rep. Nunes, Devin [R-CA-21] Devin Nunes R CA 21 2011-10-27 False B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 2011-11-04 False S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2011-11-04 False J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2011-11-18 False C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2011-11-30 False S000480 Rep. Slaughter, Louise McIntosh [D-NY-28] LOUISE SLAUGHTER D NY M. 28 2011-11-30 False O000169 Rep. Owens, William L. [D-NY-23] William Owens D NY L. 23 2011-12-01 False Taxation Business investment and capital Income tax credits Income tax deductions Taxation

00 2011-10-06 Introduced in House 2011-10-21T20:29:56Z American Job Creation and Investment Act of 2011 - Amends the Internal Revenue Code, with respect to the election to accelerate the alternative minimum tax (AMT) credit in lieu of bonus depreciation, to: (1) repeal the $30 million cap on the AMT tax credit and increase the rate of such credit from 6% to 50%, (2) allow investments made by partnerships that are more than 50% owned by a corporation to qualify for such increased AMT credit amount, and (3) allow taxpayers to make separate elections for each taxable year to take bonus depreciation or AMT credits in lieu of bonus depreciation.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2011-10-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr3123ih/xml/BILLS-112hr3123ih.xml 2011-10-06 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.