S 2237
112th Congress
Senate
Taxation
Business investment and capital
Employee hiring
Income tax credits
Income tax deductions
U.S. territories and protectorates
Wages and earnings
Small Business Jobs and Tax Relief Act
Introduced: March 26, 2012
See on congress.gov
Everywhere this bill has been
19 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2012
Returned to the Calendar. Calendar No. 341.
Jul 12, 2012
Cloture on the measure not invoked in Senate by Yea-Nay Vote. 53 - 44. Record Vote Number: 177. (consideration: CR S4938; text: CR S4938)
Jul 12, 2012
Considered by Senate. (consideration: CR S4932-4938)
Jul 11, 2012
Cloture motion on the measure presented in Senate. (consideration: CR S4885; text: CR S4885)
Jul 11, 2012
Motion by Senator Reid to commit to Senate Committee on Finance with instructions to report back forthwith with amendment SA 2526 made in Senate. (consideration: CR S4885; text: CR S4885)
Jul 11, 2012
Measure laid before Senate by motion. (consideration: CR S4835-4885)
Jul 11, 2012
Motion to proceed to consideration of measure agreed to in Senate by Unanimous Consent.
Jul 10, 2012
Cloture on the motion to proceed to the measure invoked in Senate by Yea-Nay Vote. 80 - 14. Record Vote Number: 174. (consideration: CR S4804; text: S4804)
Jul 10, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4793-4800, S4804-4815)
Jul 9, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4783-4786)
Jun 29, 2012
Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S4765; text: CR S4765)
Jun 29, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4731-4733, S4735-4764, S4765)
Jun 28, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4689; text: CR S4689)
Jun 27, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4645-4668)
Jun 26, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4627-4631; text: CR S4627)
Jun 25, 2012
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4448)
Mar 27, 2012
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 341.
Mar 26, 2012
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S2032-2033)
Mar 26, 2012
Introduced in Senate
Plain-English summary
Small Business Jobs and Tax Relief Act - Amends the Internal Revenue Code to allow certain employers a tax credit for 10% of the excess (if any) of: (1) the wages and compensation paid to their employees in 2012; over (2) the amount of such wages paid in 2011, up to a maximum amount of $5 million. Extends for one year the 100% bonus depreciation allowance for business assets. Increases the amount of alternative minimum tax (AMT) credits that corporate taxpayers may elect to accelerate in a taxable year in lieu of claiming bonus depreciation.
What's happening now
Returned to the Calendar. Calendar No. 341.