HR 4620 · 111th Congress · Taxation

Small Business Job Creation Act of 2010

Introduced 2010-02-09· Sponsored by Rep. McNerney, Jerry [D-CA-11]· 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.(2010-02-09)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Job Creation Act of 2010 - Amends the Internal Revenue Code to allow small business employers whose gross receipts in the preceding taxable year did not exceed $20 million or who did not employ more than 200 full-time employees a work opportunity tax credit for hiring unemployed individuals as full-time employees during 2010 or 2011. Doubles the rate of such credit for employers located in counties with high unemployment rates.…

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