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S. 361: Seven Point Plan for Growing Jobs Act

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S. 361: Seven Point Plan for Growing Jobs Act

112th Congress · introduced 2011-02-16 · Commerce · Latest: Read twice and referred to the Committee on Finance.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2011-02-16 · official record
  2. Who proposed it: Sen. Collins, Susan M. [R-ME] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Read twice and referred to the Committee on Finance. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Seven Point Plan for Growing Jobs Act

Plain summary

Seven Point Plan for Growing Jobs Act - Amends the Workforce Investment Act of 1998 to direct the Secretary of Labor to establish a Manufacturing Job Training National Program and make grants to state governors and agencies with responsibility for labor programs to plan and develop a new program of employment and training activities that targets the specific needs of manufacturers. Amends the Public Works and Economic Development Act of 1965 to direct the Secretary to provide workplace development and economic assistance to eligible recipients affected by the base realignment and closure (BRAC) activities established by the Secretary of Defense (DOD) in 2005. Directs the Secretary to review job training programs to identify ways to increase efficiency and reduce duplicative and unnecessary processes and activities in such programs. Directs the Secretary of Energy to: (1) carry out an offshore wind energy research and deployment program, and (2) award grants to institutions of higher education to establish one or more national offshore wind centers. Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to extend reductions in the employment tax to employers and certain self-employed individuals. Amends the Internal Revenue Code to: (1) make permanent accelerated depreciation for qualified leasehold and restaurant buildings and improvements, nonresidential real property and residential rental property, and increased depreciation and expensing allowances for business and investment property; (2) extend through 2016 the tax credit for increasing research activities; (3) increase the rate of the alternative simplified research tax credit; (4) repeal provisions added by the Patient Protection and Affordable Care Act that require reporting of payments made to corporations of $600 or more; and (5) eliminate the tax credit for ethanol used as fuel. Imposes new requirements on federal agencies relating to regulatory actions. Allows a reduction or waiver of civil penalties on small entities for failures to comply with regulatory requirements. Extends to all portions of the Interstate Highway System in Maine and Vermont the application of vehicle weight limit laws and regulations of those states in lieu of federal vehicle weight limits. Amends the Harmonized Tariff Schedule of the United States to eliminate the additional tariff on ethanol and ethanol fuel mixtures. Prohibits the consideration by Congress of any legislation that would cause discretionary spending limits to exceed levels specified for FY2012-FY2014. Amends the Food Security Act of 1985 to impose limits on farm subsidies based upon the adjusted gross income of the recipient.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Seven Point Plan for Growing Jobs Act

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Collins, Susan M. [R-ME] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Sen. Collins, Susan M. [R-ME] reported raising $22.5 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

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.

Words on this page, explained (2)
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong112-s361 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112