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S 1738 112th Congress Senate

Economic Growth and Jobs Protection Act of 2011

Official title: A bill to rescind the 3.8 percent tax on the investment income of the American people and to promote job creation and small businesses.

Introduced: October 19, 2011 Introduced by: Cornyn, John Republican · Texas See on congress.gov
Taxation Financial services and investmentsIncome tax ratesInterest, dividends, interest rates
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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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 19, 2011
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6766)
Oct 19, 2011
Sponsor introductory remarks on measure. (CR S6766, S6766-6767)
Oct 19, 2011
Introduced in Senate
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 Latest action October 19, 2011

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6766)

 Plain-English summary Congressional Research Service

Economic Growth and Jobs Protection Act of 2011 - Repeals the provision of the Health Care and Education Reconciliation Act of 2010 that imposes a 3.8% tax on unearned income (e.g., investment income, rents, royalties, etc.).

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Crapo, Mike
Idaho · Oct 19, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1738: Economic Growth and Jobs Protection Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-S-1738/
MLA
"S. 1738: Economic Growth and Jobs Protection Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1738/.
Bluebook (legal)
S. 1738, 112th Cong. (2026), https://openamerica.io/bill/112-S-1738/.
Markdown link
[S. 1738: Economic Growth and Jobs Protection Act of 2011](https://openamerica.io/bill/112-S-1738/)
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