[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1738 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                S. 1738

To rescind the 3.8 percent tax on the investment income of the American 
        people and to promote job creation and small businesses.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            October 19, 2011

Mr. Cornyn (for himself, Mr. Crapo, Mr. Rubio, Mrs. Hutchison, and Mr. 
Burr) introduced the following bill; which was read twice and referred 
                      to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To rescind the 3.8 percent tax on the investment income of the American 
        people and to promote job creation and small businesses.

    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 ``Economic Growth and Jobs Protection 
Act of 2011''.

SEC. 2. REPEAL OF UNEARNED INCOME MEDICARE CONTRIBUTION.

    Subsection (a) of section 1402 of the Health Care and Education 
Reconciliation Act of 2010 (Public Law 111-152) and the amendments made 
by such subsection are repealed.
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