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United States · Bill · S

S. 1271 (112th)

Job Creation Tax Credit Act of 2011

referredUnited States· United States Congress· EN

Introduced

23 June 2011

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Job Creation Tax Credit Act of 2011 - Amends the Internal Revenue Code to allow a business-related tax credit for 15% of the wages paid to certain unemployed workers in 2011 and 10% of wages paid in 2012. Requires that such workers: (1) begin employment after the enactment of this Act and before January 13, 2013; (2) certify, under penalty of perjury, that they have not been employed for more than 40 hours during the 60-day period ending on the date they begin their employment; and (3) not be hired to replace another employee unless such employee separated from employment voluntarily or for cause.

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Documents

3 official files

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Sources

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