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HR 6319 112th Congress House Taxation Employment taxes Government trust funds Income tax credits Research and development Small business Social security and elderly assistance

Startup Innovation Credit Act of 2012

Introduced: August 2, 2012 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
Aug 2, 2012
Referred to the House Committee on Ways and Means.
Aug 2, 2012
Introduced in House
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 Plain-English summary Congressional Research Service

Startup Innovation Credit Act of 2012 - Amends the Internal Revenue Code to allow a qualified small business, other than a tax-exempt organization, to use a portion of its tax credit for increasing research expenditures as an offset against its payroll tax liability under the Federal Insurance Contributions Act (FICA).  Defines "qualified small business" as a corporation, partnership, or S corporation if the gross receipts of such entity for the taxable year are less than $5 million and such entity did not have gross receipts for any period preceding the 5-year period ending with such taxable year. Limits the amount of the payroll tax credit portion to $250,000 in any taxable year.

What's happening now August 2, 2012

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 3460 Identical bill Startup Innovation Credit Act of 2012
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Lofgren, Zoe
California · Aug 2, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6319: Startup Innovation Credit Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6319/
MLA
"H.R. 6319: Startup Innovation Credit Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6319/.
Bluebook (legal)
H.R. 6319, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6319/.
Markdown link
[H.R. 6319: Startup Innovation Credit Act of 2012](https://openamerica.io/bill/112-HR-6319/)
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