HR 4201 · 103th Congress · Taxation

Job Creation and Business Equity Act of 1994

Introduced 1994-04-13· Sponsored by Rep. Martinez, Matthew G. [D-CA-31]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-04-13)

Plain Language Summary

[AI summary unavailable — showing source text] Job Creation and Business Equity Act of 1994 - Amends the Internal Revenue Code to exempt new self-employed businesses from the tax on self-employment income until such income exceeds $25,000. Exempts new business employers from employment taxes until the gross value of wages exceeds $100,000.…

Summarized by Claude AI · Non-partisan · For informational purposes only