U.S. Congress - H.R.4850 American Job Creation and Investment Act
H.R.4850 - American Job Creation and Investment Act
To amend the Internal Revenue Code of 1986 to allow companies to utilize existing alternative minimum tax credits to create and maintain United States jobs, and for other purposes. view all titles (3)
All Bill Titles
- Short: American Job Creation and Investment Act as introduced.
- Official: To amend the Internal Revenue Code of 1986 to allow companies to utilize existing alternative minimum tax credits to create and maintain United States jobs, and for other purposes. as introduced.
- Official: American Job Creation and Investment Act as introduced.
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Official Summary
3/16/2010--Introduced.American Job Creation and Investment Act - Amends the Internal Revenue Code to allow a corporation to elect in 2010 and 2011 to increase its alternative minimum tax (AMT) credits by a specified credit adjustment amount for purposes of increasing its U.S. workforce andOfficial Summary
3/16/2010--Introduced.American Job Creation and Investment Act - Amends the Internal Revenue Code to allow a corporation to elect in 2010 and 2011 to increase its alternative minimum tax (AMT) credits by a specified credit adjustment amount for purposes of increasing its U.S. workforce and making investments in business equipment. Allows a similar election for a taxable year which includes December 31, 2009, with certain restrictions. Terminates such additional credit allowance after December 31, 2011....Read the Rest
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