United States · Bill · HR
H.R. 12337 (94th)
Small Business Tax Reduction Act
Introduced
4 March 1976
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Small Business Tax Reduction Act - Allows as a tax credit against the tax imposed under the Internal Revenue Code an amount equal to ten percent of the social security taxes on employers paid during the taxable year by the corporation. Limits such credit to the amount of employer's tax paid on ten employees.
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Documents
1 official file
Introduced in House
summary · EN · 4 March 1976
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/house-bill/12337
- Open data entity: https://api.congress.gov/v3/bill/94/hr/12337