Tax Credits for Jobs Now Act of 2012

Summary

Tax Credits for Jobs Now Act of 2012 - Amends the Internal Revenue Code to allow employers a refundable tax credit for: (1) 60% of the excess of the aggregate wages paid to employees during 2012 over the aggregate wages paid during 2011, and (2) 40% of the excess of such wages paid during 2013 over the aggregate inflation-adjusted wages paid during 2012. Limits the maximum amount of such credit to $500,000 in any calendar year.

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Timeline

1. 8 March 2012

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 March 2012

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 March 2012

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 March 2012 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 March 2012

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 March 2012

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 March 2012

  Open at official source

Sponsors

• Rep. Barrow, John [D-GA-12] · D · Sponsor
• · hswm00 · Standing

Related records

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