H.R.4100 - Jumpstarting Our Business Sector Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. Broun, Paul C. [R-GA-10] (Introduced 11/18/2009)|
|Committees:||House - Appropriations; Ways and Means|
|Latest Action:||11/18/2009 Referred to the Committee on Ways and Means, and in addition to the Committee on Appropriations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.|
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Summary: H.R.4100 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (11/18/2009)
Jumpstarting Our Business Sector Act of 2009 - Amends the Internal Revenue Code to: (1) exclude from gross income in 2009 and 2010 long-term capital gains and dividend income; (2) reduce for a two year period the employment and self-employment tax rates; (3) reduce corporate income tax rates in 2009 and 2010; and (4) reduce the income tax rate for taxpayers in the lowest income tax bracket in 2009 and 2010.
Rescinds all unobligated balances of the discretionary appropriations made available by division A of the American Recovery and Reinvestment Act of 2009 (stimulus funds).