United States · Bill · HR
H.R. 5420 (111th)
Incentives for Successful Companies Act of 2010
Introduced
26 May 2010
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Incentives for Successful Companies Act of 2010 - Amends the Internal Revenue Code to allow through 2014: (1) certain businesses designated as successful companies a business-related tax credit for job training expenses; and (2) an increase to $250,000 in the expensing allowance for depreciable business assets placed in service by such companies. Defines a "successful company" as a U.S. company or enterprise that maintains a long-term U.S. growth plan, meets certain financial and creditworthiness criteria, and had an average of not fewer than 5 or more than 500 employees in the most recent calendar year.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 26 May 2010
Introduced in House (PDF)
Introduced in House · EN · 26 May 2010
Introduced in House
summary · EN · 26 May 2010
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5420
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5420