[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 772 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 772

 To amend the Internal Revenue Code of 1986 to restore the credit lost 
 by individuals resulting from the replacement of the Making Work Pay 
           Credit with the employee payroll tax cut for 2011.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 17, 2011

   Ms. DeLauro (for herself, Mr. Hinchey, Mr. Cohen, Mr. Filner, Ms. 
Norton, Mr. Conyers, Ms. Brown of Florida, Mr. Jackson of Illinois, Mr. 
Honda, and Ms. Fudge) introduced the following bill; which was referred 
                   to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to restore the credit lost 
 by individuals resulting from the replacement of the Making Work Pay 
           Credit with the employee payroll tax cut for 2011.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Extended Tax Relief for All Act of 
2011''.

SEC. 2. RESTORATION OF CREDIT LOST BY INDIVIDUALS RESULTING FROM THE 
              REPLACEMENT OF THE MAKING WORK PAY CREDIT WITH THE 
              EMPLOYEE PAYROLL TAX CUT FOR 2011.

    (a) In General.--Section 36A of the Internal Revenue Code of 1986 
(relating to making work pay credit) is amended by striking subsection 
(e) and inserting the following new subsections:
    ``(e) 2011 Credit for Individuals Receiving Smaller Credit Under 
2011 Employee Payroll Tax Cut.--In the case of taxable years beginning 
after December 31, 2010, and before January 1, 2012, the credit 
determined under this section (without regard to this subsection) shall 
be reduced (but not below zero) by the aggregate of the reductions in--
            ``(1) the tax imposed by section 1401(a) for such taxable 
        year, and
            ``(2) the taxes imposed by sections 3101(a), 3201(a), and 
        3211(a)(1) on remuneration received during such year,
by reason of section 601 of the Tax Relief, Unemployment Insurance 
Reauthorization, and Job Creation Act of 2010.
    ``(f) Termination.--This section shall not apply to taxable years 
beginning after December 31, 2011.''.
    (b) Technical Amendment.--Paragraph (1) of section 36A(b) of such 
Code is amended by striking ``subsection (c)'' and inserting 
``subsections (c) and (e)''.
    (c) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2010.
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