HR 4056
111th Congress
House
Taxation
Government studies and investigations
Income tax credits
Small business
Social work, volunteer service, charitable organizations
Jobs Opportunity and Business Stability Act of 2009
Introduced: November 6, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 6, 2009
Referred to the House Committee on Ways and Means.
Nov 6, 2009
Introduced in House
Plain-English summary
Jobs Opportunity and Business Stability Act of 2009 - Amends the Internal Revenue Code to allow certain small business owners with fewer than 20 employees and annual gross receipts not exceeding $5,000,000 a refundable tax credit for increasing their payrolls in 2010 and 2011 by specified percentages.
Directs the Secretary of the Treasury to study and report to Congress on ways to provide benefits to nonprofit organizations that are comparable to the tax credit provided by this Act.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1