United States · Bill · HR
H.R. 5974 (112th)
Invest in America Now Act of 2012
Introduced
20 June 2012
Last action
20 June 2012 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Levin, Sander M. [D-MI-12], Rep. Rangel, Charles B. [D-NY-15], Rep. Stark, Fortney Pete [D-CA-13], Rep. McDermott, Jim [D-WA-7], Rep. Lewis, John [D-GA-5], Rep. Neal, Richard E. [D-MA-1], Rep. Becerra, Xavier [D-CA-34], Rep. Thompson, Mike [D-CA-4], Rep. Larson, John B. [D-CT-1], Rep. Blumenauer, Earl [D-OR-3], Rep. Kind, Ron [D-WI-3], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. Berkley, Shelley [D-NV-1], Rep. Crowley, Joseph [D-NY-14], Sen. Van Hollen, Chris [D-MD], Rep. Michaud, Michael H. [D-ME-2], Sen. Baldwin, Tammy [D-WI], Rep. Cicilline, David N. [D-RI-1]
Subjects
Taxation
Source updated
14 August 2025
Summary
Invest in America Now Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2012 the 100% bonus depreciation allowance for business assets; (2) increase 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; and (3) deny major integrated oil companies a tax deduction for income attributable to the domestic production, transportation, or distribution of oil, natural gas, and primary products thereof.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
20 June 2012
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
20 June 2012
Introduced
Introduced in House
Source: IntroReferral
20 June 2012
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 20 June 2012 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 20 June 2012
Introduced in House (PDF)
Introduced in House · EN · 20 June 2012
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Introduced in House
summary · EN · 20 June 2012
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Levin, Sander M. [D-MI-12] · D · Sponsor
- Rep. Rangel, Charles B. [D-NY-15] · D · Sponsor
- Rep. Stark, Fortney Pete [D-CA-13] · D · Sponsor
- Rep. McDermott, Jim [D-WA-7] · D · Sponsor
- Rep. Lewis, John [D-GA-5] · D · Sponsor
- Rep. Neal, Richard E. [D-MA-1] · D · Sponsor
- Rep. Becerra, Xavier [D-CA-34] · D · Sponsor
- Rep. Thompson, Mike [D-CA-4] · D · Sponsor
- Rep. Larson, John B. [D-CT-1] · D · Sponsor
- Rep. Blumenauer, Earl [D-OR-3] · D · Sponsor
- Rep. Kind, Ron [D-WI-3] · D · Sponsor
- Rep. Pascrell, Bill, Jr. [D-NJ-9] · D · Sponsor
- Rep. Berkley, Shelley [D-NV-1] · D · Sponsor
- Rep. Crowley, Joseph [D-NY-14] · D · Sponsor
- Sen. Van Hollen, Chris [D-MD] · D · Sponsor
- Rep. Michaud, Michael H. [D-ME-2] · D · Cosponsor
- Sen. Baldwin, Tammy [D-WI] · D · Cosponsor
- Rep. Cicilline, David N. [D-RI-1] · D · Cosponsor
- · hswm00 · Standing
Related records
- related to → Made in America Act of 2011
- related to → Middle Class Tax Relief and Job Creation Act of 2012
- related to → To amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.
- related to ← Job Creation Act of 2011
- related to ← A bill to amend the Internal Revenue Code of 1986 to extend the allowance for bonus depreciation for certain business assets.
- related to ← Small Business Jobs and Tax Relief Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/house-bill/5974
- Open data entity: https://api.congress.gov/v3/bill/112/hr/5974
- us · 112-hr-5974 · source updated 14 August 2025