Summary

1/3/2013--Introduced.Creating Jobs From Innovative Small Businesses Act of 2013 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid... Read More

Status

Date Introduced
Jan 3, 2013

Co-Sponsors

Bill Text

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Sentiment Map

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Nation

4 Supporting
11 Opposing
27% 73%

State: CA

0 Supporting
0 Opposing
0% 0%

District: 1st

0 Supporting
0 Opposing
0% 0%

Popularity Trend

Organizations Supporting

No organizations supporting yet.

Organizations Opposing

No organizations opposing yet.

Users Supporting

I support H.R. 122 ("To amend the Internal Revenue Code of 1986 to allow a credit against income tax") because...it puts the power of taxation squarely in the hands of we the people and out of the hands of D.C. It does not hurt the poor, reward the rich or increase taxes on the middle class and simple research will prove this and is exactly what this nation needs to get back to the #1 spot in the world.

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OK
5
TonyLeach
OK-5
2 years ago

Users Opposing

I oppose H.R. 122: Creating Jobs From Innovative Small Businesses Act of 2013 because the criteria for qualifying is entirely too restrictive. Research can bring innovations which can in turn bring about new sources of revenue but for a company to dedicate "at least" 50% of their gross expenditures to research and experimentation, just seems to expect a little too much.

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TX
4
DMforGOOOH
TX-4
2 years ago

Bill Summary

1/3/2013--Introduced.Creating Jobs From Innovative Small Businesses Act of 2013 - Amends the Internal Revenue Code to allow a general business tax credit of 20% of the amount paid to acquire an equity investment in a qualified high technology small business concern. Defines "qualified high technology small business concern" as a small business concern that employs an average of fewer than 500 employees during a year and devotes at least 50% of its gross expenditures to research and experimentation.

H.R. 121 To amend the Internal Revenue Code of 1986 to provide a 5-year reinst... H.R. 123The Water Advanced Technologies for Efficient Resource Use Act