3.0.0 4167 2019-11-15T21:46:52Z 2019-11-15T21:46:52Z House H HR 2012-03-08 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BARROW:H.R. 4167.Congress has the power to enact this legislation pursuantto the following:The constitutional authority on which this bill rests isClause 1 of Section 8 of Article I of the Constitution of theUnited States.[Page H1305]]]> hswm00 Ways and Means Committee House Standing Referred to 2012-03-08T14:57:05Z 2012-03-08 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2012-03-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-03-08 Introduced in House IntroReferral 1000 9 Library of Congress B001252 Rep. Barrow, John [D-GA-12] John Barrow D GA 12 N Taxation Employee hiring Income tax credits Wages and earnings Taxation

00 2012-03-08 Introduced in House 2012-04-02T19:04:47Z Tax Credits for Jobs Now Act of 2012 - Amends the Internal Revenue Code to allow employers a refundable tax credit for: (1) 60% of the excess of the aggregate wages paid to employees during 2012 over the aggregate wages paid during 2011, and (2) 40% of the excess of such wages paid during 2013 over the aggregate inflation-adjusted wages paid during 2012. Limits the maximum amount of such credit to $500,000 in any calendar year.

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Short Titles as Introduced Display Title Official Title as Introduced Introduced in House 2012-03-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4167ih/xml/BILLS-112hr4167ih.xml 2012-03-08 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.