S. 2973: Small Business Job Creation Tax Act of 2010
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S. 2973: Small Business Job Creation Tax Act of 2010
111th Congress · introduced 2010-02-01 · Taxation · Latest: Sponsor introductory remarks on measure. (CR S430)
federal
Follow this bill, step by step
- Where it came from: introduced 2010-02-01 · official record
- Who proposed it: Sen. Casey, Robert P., Jr. [D-PA] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Sponsor introductory remarks on measure. (CR S430) Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Small Business Job Creation Tax Act of 2010
Plain summary
Small Business Job Creation Tax Act of 2010 - Amends the Internal Revenue Code to allow employers a credit against payroll tax liability for a payroll increase in a quarter over a corresponding quarter in the previous calendar year. Sets the amount of such credit at 20% of such increase for employers that employ fewer than 100 employees and 15% for employers that employ 100 or more employees in any quarter. Limits the total credit amount available for all quarters to $500,000. Directs the Commissioner of Internal Revenue to: (1) notify all employers required to withhold employment taxes of the enactment and applicability of this Act; and (2) report to Congress on enforcement measures taken to prevent and penalize fraud related to the payroll credit allowed by this Act.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
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A “Nay” vote
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PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Small Business Job Creation Tax Act of 2010
Source: Congressional Research Service summary (Introduced in Senate)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] · 3 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Kirsten E. Gillibrand (D-NY)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s2973.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>
Record fed-us-cong111-s2973 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111