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HR 3123 112th Congress House Taxation Business investment and capital Income tax credits Income tax deductions

American Job Creation and Investment Act of 2011

Introduced: October 6, 2011 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 2011
Referred to the House Committee on Ways and Means.
Oct 6, 2011
Introduced in House
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 Plain-English summary Congressional Research Service

American Job Creation and Investment Act of 2011 - Amends the Internal Revenue Code, with respect to the election to accelerate the alternative minimum tax (AMT) credit in lieu of bonus depreciation, to: (1) repeal the $30 million cap on the AMT tax credit and increase the rate of such credit from 6% to 50%, (2) allow investments made by partnerships that are more than 50% owned by a corporation to qualify for such increased AMT credit amount, and (3) allow taxpayers to make separate elections for each taxable year to take bonus depreciation or AMT credits in lieu of bonus depreciation.

What's happening now October 6, 2011

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 3
D
Carson, André
Indiana · Nov 30, 2011
SLAUGHTER, LOUISE
· Nov 30, 2011
Jenkins, Lynn
· Nov 18, 2011
Marchant, Kenny
· Oct 27, 2011
Nunes, Devin
· Oct 27, 2011
Paulsen, Erik
· Oct 27, 2011
 D
Larson, John B.
Connecticut · Oct 6, 2011
LEVIN, SANDER
· Oct 6, 2011
 D
Peters, Gary C.
Michigan · Oct 6, 2011
Reichert, David
· Oct 6, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3123: American Job Creation and Investment Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3123/
MLA
"H.R. 3123: American Job Creation and Investment Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3123/.
Bluebook (legal)
H.R. 3123, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3123/.
Markdown link
[H.R. 3123: American Job Creation and Investment Act of 2011](https://openamerica.io/bill/112-HR-3123/)
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