3.0.0 12 2023-01-11T13:20:48Z 2023-01-11T13:20:48Z Senate S S 2011-01-25 112 ssfi00 Finance Committee Senate Standing Referred to 2011-01-25T19:45:34Z Protecting Access to Healthcare Act 112 5 HR 2012-04-16 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 353. Related bill CRS Made in America Act of 2011 112 1773 HR 2011-05-05 Referred to the House Committee on Ways and Means. Related bill CRS Middle Class Tax Relief and Job Creation Act of 2012 112 3630 HR 2012-02-22 Became Public Law No: 112-96. Related bill CRS To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets. 112 4196 HR 2012-03-13 Referred to the House Committee on Ways and Means. Related bill CRS Sequester Replacement Reconciliation Act of 2012 112 5652 HR 2012-05-15 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 398. Related bill CRS Invest in America Now Act of 2012 112 5974 HR 2012-06-20 Referred to the House Committee on Ways and Means. Related bill CRS Small Business Jobs and Tax Relief Act 112 2237 S 2012-07-12 Returned to the Calendar. Calendar No. 341. Related bill CRS A bill to amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets. 112 2240 S 2012-03-27 Read twice and referred to the Committee on Finance. Related bill CRS 2011-01-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-01-25 Introduced in Senate IntroReferral 10000 9 Library of Congress P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH N Economics and Public Finance Administrative law and regulatory procedures Business investment and capital Civil actions and liability Computers and information technology Employment taxes Environmental Protection Agency (EPA) Environmental regulatory procedures Federal preemption Health care costs and insurance Health care coverage and access Health personnel Income tax credits Income tax deductions Research and development Small business Tax administration and collection, taxpayers Economics and Public Finance 00 2011-01-25 Introduced in Senate 2011-02-12T18:00:48Z Job Creation Act of 2011 - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to reduce the employment tax rate to 4.2% for employers and to 8.4% for self employed individuals

Amends the Internal Revenue Code to: (1) repeal provisions added by the Patient Protection and Affordable Care Act (PPACA) requiring individuals to purchase and maintain minimum essential health care coverage, (2) make permanent the increased expensing allowance for depreciable business and investment property, including computer software, and (3) make permanent the tax credit for increasing research expenditures.

Repeals the provision of PPACA that extends to corporations that are not tax-exempt the requirement to report payments of $600 or more.

Rescinds $39 billion of appropriated but unobligated discretionary funds. Exempts unobligated funds of the Department of Defense (DOD) or the Department of Veterans Affairs (VA). Requires the Director of the Office of Management and Budget (OMB) to determine and identify from which appropriation accounts such rescissions shall apply and report to the Secretary of the Treasury and Congress on such rescissions.

Suspends the authority of the Administrator of the Environmental Protection Agency (EPA) to promulgate or enforce any regulation for a period of one year, unless a regulation is necessary for immediate health or safety reasons.

Sets conditions, including a revised statute of limitations, for lawsuits arising from health care liability claims regarding health care goods or services or any medical product affecting interstate commerce.

Allows a court to restrict the payment of attorney contingency fees in health care lawsuits. Limits such fees to a decreasing percentage based on the increasing value of the amount awarded.

Authorizes the award of punitive damages in health care lawsuits only where: (1) it is proven by clear and convincing evidence that a person acted with malicious intent to injure the claimant or deliberately failed to avoid unnecessary injury the claimant was substantially certain to suffer, and (2) compensatory damages are awarded. Limits punitive damages to the greater of two times the amount of economic damages or $250,000.

Provides for periodic payments of future damages exceeding $50,000.

]]> Job Creation Act of 2011 Display Title Job Creation Act of 2011 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide additional tax relief for private sector job creation, and for other purposes. Introduced in Senate IS Short Titles as Introduced Job Creation Act of 2011 Introduced in Senate 2011-01-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s12is/xml/BILLS-112s12is.xml 2011-01-25 Read twice and referred to the Committee on Finance. 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.