Jobs Creation Act

Summary

Jobs Creation Act - Amends the Internal Revenue Code to: (1) reduce individual and corporate income tax rates; (2) allow a limited income tax deduction by certain domestic corporations for dividends paid; (3) allow a tax credit for new savings deposits; and (4) allow a deduction for a portion of a property's cost in lieu of a deduction for depreciation.

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

Timeline

1. 28 January 1977

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 28 January 1977

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 28 January 1977

  Open at official source

Sponsors

• Sen. McClure, James A. [R-ID] · R · Sponsor
• Sen. Helms, Jesse [R-NC] · R · Cosponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Jobs Creation Act