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United States · Bill · HR

H.R. 6030 (112th)

Hire Now Act of 2012

referredUnited States· United States Congress· EN

Introduced

27 June 2012

Last action

27 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]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Hire Now Act of 2012 - Amends the Internal Revenue Code to: (1) allow certain employers a tax credit for 10% of the excess (if any) of the wages and compensation paid to their employees in 2012 over the amount of such wages paid in 2011, up to a maximum amount of $5 million; (2) prohibit major integrated oil companies from using the last-in, first-out (LIFO) accounting method; and (3) deny major integrated oil companies a tax deduction for intangible drilling and development costs.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 June 2012

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 27 June 2012

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 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 · 27 June 2012

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 27 June 2012

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 27 June 2012

    Open at official source

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Sponsors

Related records

Sources

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