H.R.301 - Economic Growth Through Tax Stimulus Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. Neugebauer, Randy [R-TX-19] (Introduced 01/08/2009)|
|Committees:||House - Ways and Means|
|Latest Action:||01/13/2009 Sponsor introductory remarks on measure. (All Actions)|
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Summary: H.R.301 — 111th Congress (2009-2010)All Information (Except Text)
Introduced in House (01/08/2009)
Economic Growth Through Tax Stimulus Act of 2009 - Makes permanent: (1) the tax provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) the reduction in dividend and capital gain tax rates in the Jobs and Growth Tax Relief Reconciliation Act of 2003; (3) the tax deduction for state and local sales taxes; (4) the tax deduction for tuition and related expenses; and (5) the increased expensing allowance for depreciable business assets.
Amends the Internal Revenue Code to reduce individual and corporate income tax rates in taxable years between 2008 and 2014.