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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Small Business Tax Relief and Jobs Act of 2017

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to provide for a credit against tax for certain small businesses hiring new employees.

Actions Overview (1)

Date Actions Overview
05/25/2017Introduced in House

All Actions (2)

Date All Actions
05/25/2017Referred to the House Committee on Ways and Means.
Action By: House of Representatives
05/25/2017Introduced in House
Action By: House of Representatives

Cosponsors (1)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Rooney, Thomas J. [R-FL-17]* 05/25/2017

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means05/25/2017 Referred to

No related bill information was received for H.R.2680.

Subjects (5)

Latest Summary (1)

There is one summary for H.R.2680. View summaries

Shown Here:
Introduced in House (05/25/2017)

Small Business Tax Relief and Jobs Act of 2017

This bill amends the Internal Revenue Code to allow eligible small businesses an annual tax credit equal to 3.825% of the wages paid to up to three newly hired employees. The wages taken into account with respect to any employee may not exceed $100,000 per year.

An "eligible small business" must have under $1.5 million in gross receipts and no more than 20 full-time employees during the preceding taxable year.