3.0.0 660 2023-01-11T13:20:37Z 2023-01-11T13:20:37Z House H HR 2011-02-11 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BROUN of Georgia:H.R. 660.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1: The Congress shall havePower To lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Deence andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.[Page H724]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-02-11T14:03:15Z 2011-02-11 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-02-11 Sponsor introductory remarks on measure. (CR E214) IntroReferral B00100 9 Library of Congress 2011-02-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-02-11 Introduced in House IntroReferral 1000 9 Library of Congress B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 N S001164 Rep. Schmidt, Jean [R-OH-2] Jean Schmidt R OH 2 2011-02-11 True F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2011-02-11 True F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2011-02-11 True L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2011-02-11 True G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2011-02-11 True M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2011-02-11 True W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2011-02-16 False L000576 Rep. Long, Billy [R-MO-7] Billy Long R MO 7 2011-02-16 False Taxation Business investment and capital Capital gains tax Corporate finance and management Income tax deductions Income tax rates Taxation

00 2011-02-11 Introduced in House 2011-03-10T18:50:23Z Jumpstarting Our Business Sector Act of 2011 - Amends the Internal Revenue Code to: (1) eliminate the corporate income tax and the tax on the capital gains of individuals and corporations; and (2) extend for one year the additional depreciation allowance for business and investment assets (bonus depreciation), the 100% expensing allowance for such assets, and the election to accelerate the alternative minimum tax (AMT) credit 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 2011-02-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr660ih/xml/BILLS-112hr660ih.xml 2011-02-11 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.