US SB2237 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on March 26 2012 - 25% progression, died in chamber
Action: 2012-07-12 - Returned to the Calendar. Calendar No. 341.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 26 2012 - 25% progression, died in chamber
Action: 2012-07-12 - Returned to the Calendar. Calendar No. 341.
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Jobs and Tax Relief Act - Amends the Internal Revenue Code to allow certain employers a tax credit for 10% of the excess (if any) of: (1) the wages and compensation paid to their employees in 2012; over (2) the amount of such wages paid in 2011, up to a maximum amount of $5 million. Extends for one year the 100% bonus depreciation allowance for business assets. Increases the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.
Title
Small Business Jobs and Tax Relief Act
Sponsors
Sen. Harry Reid [D-NV] | Sen. Richard Blumenthal [D-CT] | Sen. Robert Casey [D-PA] | Sen. Christopher Coons [D-DE] |
Sen. Richard Durbin [D-IL] | Sen. Mary Landrieu [D-LA] | Sen. Charles Schumer [D-NY] | Sen. Sheldon Whitehouse [D-RI] |
Roll Calls
2012-07-12 - Senate - On the Cloture Motion S. 2237 (Y: 53 N: 44 NV: 3 Abs: 0) [FAIL]
2012-07-12 - Senate - On the Cloture Motion S.Amdt. 2521 to S. 2237 (Small Business Jobs and Tax Relief Act) (Y: 57 N: 41 NV: 2 Abs: 0) [FAIL]
2012-07-12 - Senate - On the Motion to Table S.Amdt. 2524 to S. 2237 (Small Business Jobs and Tax Relief Act) (Y: 73 N: 24 NV: 3 Abs: 0) [PASS]
2012-07-10 - Senate - On Cloture on the Motion to Proceed S. 2237 (Y: 80 N: 14 NV: 6 Abs: 0) [PASS]
2012-07-12 - Senate - On the Cloture Motion S.Amdt. 2521 to S. 2237 (Small Business Jobs and Tax Relief Act) (Y: 57 N: 41 NV: 2 Abs: 0) [FAIL]
2012-07-12 - Senate - On the Motion to Table S.Amdt. 2524 to S. 2237 (Small Business Jobs and Tax Relief Act) (Y: 73 N: 24 NV: 3 Abs: 0) [PASS]
2012-07-10 - Senate - On Cloture on the Motion to Proceed S. 2237 (Y: 80 N: 14 NV: 6 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2012-07-12 | Senate | Returned to the Calendar. Calendar No. 341. |
2012-07-12 | Senate | Cloture on the measure not invoked in Senate by Yea-Nay Vote. 53 - 44. Record Vote Number: 177. (consideration: CR S4938; text: CR S4938) |
2012-07-12 | Senate | S.AMDT.2521 Cloture on amendment SA 2521 not invoked in Senate by Yea-Nay Vote. 57 - 41. Record Vote Number: 176. (consideration: CR S4938; text: CR S4938) |
2012-07-12 | Senate | S.AMDT.2525 SA 2525 fell when SA 2524 was tabled. (consideration: CR S4936) |
2012-07-12 | Senate | S.AMDT.2524 Motion to table amendment SA 2524 agreed to in Senate by Yea-Nay Vote. 73 - 24. Record Vote Number: 175. (consideration: CR S4936) |
2012-07-12 | Senate | S.AMDT.2528 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | Considered by Senate. (consideration: CR S4932-4938) |
2012-07-12 | Senate | S.AMDT.2527 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2526 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2525 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2524 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2523 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2522 Considered by Senate. (consideration: CR S4932) |
2012-07-12 | Senate | S.AMDT.2521 Considered by Senate. (consideration: CR S4932, S4937-4938) |
2012-07-11 | Senate | Cloture motion on the measure presented in Senate. (consideration: CR S4885; text: CR S4885) |
2012-07-11 | Senate | S.AMDT.2528 Amendment SA 2528 proposed by Senator Reid to Amendment SA 2527. (consideration: CR S4885; text: CR S4885)Of a perfecting nature. |
2012-07-11 | Senate | S.AMDT.2527 Amendment SA 2527 proposed by Senator Reid to Amendment SA 2526 (the instructions of the motion to commit). (consideration: CR S4885; text: CR S4885)Of a perfecting nature. |
2012-07-11 | Senate | S.AMDT.2526 Amendment SA 2526 proposed by Senator Reid. (consideration: CR S4885; text: CR S4885)To change the enactment date. |
2012-07-11 | Senate | Motion by Senator Reid to commit to Senate Committee on Finance with instructions to report back forthwith with amendment SA 2526 made in Senate. (consideration: CR S4885; text: CR S4885) |
2012-07-11 | Senate | S.AMDT.2525 Amendment SA 2525 proposed by Senator Reid to Amendment SA 2524. (consideration: CR S4884-4885; text: CR S4885)To change the enactment date. |
2012-07-11 | Senate | S.AMDT.2524 Amendment SA 2524 proposed by Senator Reid to language proposed to be stricken by amendment no. SA 2521. (consideration: CR S4884)Of a perfecting nature. |
2012-07-11 | Senate | S.AMDT.2521 Cloture motion on amendment SA 2521 presented in Senate. (consideration: CR S4884; text: CR S4884) |
2012-07-11 | Senate | S.AMDT.2523 Amendment SA 2523 proposed by Senator Reid to Amendment SA 2522. (consideration: CR S4884; text: CR S4884)Of a perfecting nature. |
2012-07-11 | Senate | S.AMDT.2522 Amendment SA 2522 proposed by Senator Reid to Amendment SA 2521. (consideration: CR S4884; text: CR S4884)To change the enactment date. |
2012-07-11 | Senate | S.AMDT.2521 Amendment SA 2521 proposed by Senator Reid for Senator Landrieu. (consideration: CR S4884)In the nature of a substitute. |
2012-07-11 | Senate | Measure laid before Senate by motion. (consideration: CR S4835-4885) |
2012-07-11 | Senate | Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent. |
2012-07-10 | Senate | Cloture on the motion to proceed to the measure invoked in Senate by Yea-Nay Vote. 80 - 14. Record Vote Number: 174. (consideration: CR S4804; text: S4804) |
2012-07-10 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4793-4800, S4804-4815) |
2012-07-09 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4783-4786) |
2012-06-29 | Senate | Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S4765; text: CR S4765) |
2012-06-29 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4731-4733, S4735-4764, S4765) |
2012-06-28 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4689; text: CR S4689) |
2012-06-27 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4645-4668) |
2012-06-26 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4627-4631; text: CR S4627) |
2012-06-25 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4448) |
2012-03-27 | Senate | Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 341. |
2012-03-26 | Senate | Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S2032-2033) |
Same As/Similar To
HB3630 (Related) 2012-02-22 - Became Public Law No: 112-96.
HB4196 (Related) 2012-03-13 - Referred to the House Committee on Ways and Means.
SB2240 (Related) 2012-03-27 - Read twice and referred to the Committee on Finance.
HB1773 (Related) 2011-05-05 - Referred to the House Committee on Ways and Means.
HB5974 (Related) 2012-06-20 - Referred to the House Committee on Ways and Means.
SB12 (Related) 2011-01-25 - Read twice and referred to the Committee on Finance.
HB6030 (Same As) 2012-06-27 - Referred to the House Committee on Ways and Means.
HB4196 (Related) 2012-03-13 - Referred to the House Committee on Ways and Means.
SB2240 (Related) 2012-03-27 - Read twice and referred to the Committee on Finance.
HB1773 (Related) 2011-05-05 - Referred to the House Committee on Ways and Means.
HB5974 (Related) 2012-06-20 - Referred to the House Committee on Ways and Means.
SB12 (Related) 2011-01-25 - Read twice and referred to the Committee on Finance.
HB6030 (Same As) 2012-06-27 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Employee hiring
Income tax credits
Income tax deductions
Taxation
U.S. territories and protectorates
Wages and earnings
Employee hiring
Income tax credits
Income tax deductions
Taxation
U.S. territories and protectorates
Wages and earnings