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HR 3666 107th Congress House Economics and Public Finance Agricultural cooperatives Agriculture and Food Alcohol as fuel Animals Automobiles Business income tax Civil actions and liability Collection of accounts Commerce Computer software Cooperative societies Crime and Law Enforcement Depreciation and amortization Dislocated workers Energy Energy tax credits Families Federal aid to child health services Federal-state relations

Job Creation and Economic Security Act of 2002

Introduced: January 29, 2002 Introduced by: Thune, John Republican · South Dakota See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2002
Referred to the Subcommittee on 21st Century Competitiveness.
May 9, 2002
Referred to the Subcommittee on Employer-Employee Relations.
Jan 29, 2002
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 29, 2002
Sponsor introductory remarks on measure. (CR E47)
Jan 29, 2002
Introduced in House
 Plain-English summary Congressional Research Service
Job Creation and Economic Security Act of 2002 - Amends the Internal Revenue Code to: (1) provide for a supplemental rebate; and (2) accelerate the 25 percent individual income tax rate.

Provides for a special depreciation allowance for certain property acquired after September 10, 2001, and before September 11, 2004.

Temporary Extended Unemployment Compensation Act of 2002 - Provides a program of temporary extended unemployment compensation.

Establishes a displaced worker health insurance credit.

Amends the Workforce Investment Act of 1998, with respect to national emergency grants, to authorize grants for employment and training assistance and temporary health care coverage assistance to workers affected by major economic dislocations.

Establishes a small ethanol producer credit by allowing a tax-exempt farmers' cooperative to allocate such a credit to its patrons on the basis of the quantity or value of business done with or for them for the taxable year.

Declares that cooperative marketing includes the value-added processing of the products of cooperative members and other producers through animals by: (1) feeding such products to cattle, hogs, fish, chickens, or other animals; and then (2) selling the animals (or animal products) which were fed such feed products.

Authorizes a U.S. district court to issue a declaratory judgment relating to the initial or continuing qualification of a farmers' cooperative as tax-exempt.

What's happening now May 9, 2002

Referred to the Subcommittee on 21st Century Competitiveness.

 Committees of jurisdiction 4