S 504 · 95th Congress ·

Jobs Creation Act

Introduced 1977-01-28· Sponsored by Sen. McClure, James A. [R-ID]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-01-28)

Plain Language Summary

[AI summary unavailable — showing source text] Jobs Creation Act - Amends the Internal Revenue Code to: (1) reduce individual and corporate income tax rates; (2) allow a limited income tax deduction by certain domestic corporations for dividends paid; (3) allow a tax credit for new savings deposits; and (4) allow a deduction for a portion of a property's cost in lieu of a deduction for depreciation.…

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

Cosponsors (2)

2 Republicans