HR 4769
111th Congress
House
Taxation
Advanced technology and technological innovations
Financial services and investments
Income tax credits
Research and development
Small business
Creating Jobs From Innovative Small Businesses Act of 2010
Introduced: March 4, 2010
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2010
Referred to the House Committee on Ways and Means.
Mar 4, 2010
Introduced in House
Plain-English summary
Creating Jobs From Innovative Small Businesses Act of 2010 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified high technology small business concern. Defines "qualified high technology small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1