HR 1036
112th Congress
House
Job Creation and Innovation Investment Act of 2011
Official title: To amend the Internal Revenue Code of 1986 to allow temporarily a reduced rate of tax with respect to repatriated foreign earnings.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2011
Introduced in House
Mar 11, 2011
Referred to the House Committee on Ways and Means.
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Job Creation and Innovation Investment Act of 2011 - Amends the Internal Revenue Code, with respect to the tax deduction for dividends received from a controlled foreign corporation, to: (1) eliminate limitations on the amount of such deduction, and (2) allow a 100% deduction for companies that reinvest such dividends in a qualified domestic reinvestment plan. Defines "qualified domestic reinvestment plan" as an approved plan for the reinvestment within three years after payment of such dividends in the United States for research and development expenses, expansion of facilities, proof of content centers, early stage venture capital investment, or manufacturing startup costs.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 1036: Job Creation and Innovation Investment Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1036/
"H.R. 1036: Job Creation and Innovation Investment Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1036/.
H.R. 1036, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1036/.
[H.R. 1036: Job Creation and Innovation Investment Act of 2011](https://openamerica.io/bill/112-HR-1036/)