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HR 4100 111th Congress House Taxation Appropriations Capital gains tax Employment taxes Financial crises and stabilization Income tax exclusion Income tax rates Interest, dividends, interest rates

Jumpstarting Our Business Sector Act of 2009

Introduced: November 18, 2009 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 18, 2009
Referred to House Appropriations
Nov 18, 2009
Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, 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.
Nov 18, 2009
Referred to House Ways and Means
Nov 18, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Jumpstarting Our Business Sector Act of 2009 - Amends the Internal Revenue Code to: (1) exclude from gross income in 2009 and 2010 long-term capital gains and dividend income; (2) reduce for a two year period the employment and self-employment tax rates; (3) reduce corporate income tax rates in 2009 and 2010; and (4) reduce the income tax rate for taxpayers in the lowest income tax bracket in 2009 and 2010.

Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).

What's happening now November 18, 2009

Referred to House Appropriations

 Committees of jurisdiction 2