S 1271
112th Congress
Senate
Taxation
Employee hiring
Income tax credits
Unemployment
Wages and earnings
Job Creation Tax Credit Act of 2011
Introduced: June 23, 2011
Introduced by:
Whitehouse, Sheldon
Democratic
· Rhode Island
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 23, 2011
Read twice and referred to the Committee on Finance.
Jun 23, 2011
Sponsor introductory remarks on measure. (CR S4100-4101)
Jun 23, 2011
Introduced in Senate
Plain-English summary
Job Creation Tax Credit Act of 2011 - Amends the Internal Revenue Code to allow a business-related tax credit for 15% of the wages paid to certain unemployed workers in 2011 and 10% of wages paid in 2012. Requires that such workers: (1) begin employment after the enactment of this Act and before January 13, 2013; (2) certify, under penalty of perjury, that they have not been employed for more than 40 hours during the 60-day period ending on the date they begin their employment; and (3) not be hired to replace another employee unless such employee separated from employment voluntarily or for cause.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1