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HR 133 112th 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 2011

Introduced: January 5, 2011 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 2011
Referred to the House Committee on Ways and Means.
Jan 5, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Creating Jobs From Innovative Small Businesses Act of 2011 - 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 January 5, 2011

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1