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United States · Bill · HR

H.R. 5974 (112th)

Invest in America Now Act of 2012

referredUnited States· United States Congress· EN

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

Taxation

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

  1. 20 June 2012

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 20 June 2012

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 20 June 2012

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 20 June 2012

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 20 June 2012

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 20 June 2012

    Open at official source

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Sponsors

Related records

Sources

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