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United States · Bill · HR

H.R. 660 (112th)

Jumpstarting Our Business Sector Act of 2011

referredUnited States· United States Congress· EN

Introduced

11 February 2011

Last action

11 February 2011 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Broun, Paul C. [R-GA-10], Rep. Schmidt, Jean [R-OH-2], Rep. Franks, Trent [R-AZ-8], Rep. Fleming, John [R-LA-4], Rep. Lamborn, Doug [R-CO-5], Rep. Gohmert, Louie [R-TX-1], Rep. Marchant, Kenny [R-TX-24], Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Long, Billy [R-MO-7]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Jumpstarting Our Business Sector Act of 2011 - Amends the Internal Revenue Code to: (1) eliminate the corporate income tax and the tax on the capital gains of individuals and corporations; and (2) extend for one year the additional depreciation allowance for business and investment assets (bonus depreciation), the 100% expensing allowance for such assets, and the election to accelerate the alternative minimum tax (AMT) credit in lieu of bonus depreciation.

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

Timeline

  1. 11 February 2011

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 11 February 2011

    Introduced

    Sponsor introductory remarks on measure. (CR E214)

    Source: IntroReferral

  3. 11 February 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 11 February 2011

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 11 February 2011

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 February 2011

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 11 February 2011

    Open at official source

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Sponsors

Related records

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Sources

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