H.R. 9 - Small Business Tax Cut Act
- Sponsor:
- Eric Cantor
- Summary:
- To amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses. (by CRS)
- Status:
- The bill was voted on in the House on April 19, 2012
- Amendments:
- 1 proposed amendment. 1 rejected. View amendments
PASSED on April 19, 2012.
1/2 required to pass
voted YES: 235
voted NO: 173
24 voted present/not voting
Small Business Tax Cut Act
H.R. 9 — 112th Congress (2011–2012)
- Summary
- To amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses.
- Other Titles
- Small Business Tax Cut Act
- Small Business Tax Cut Act
- Small Business Tax Cut Act
- Sponsor
- Eric Cantor
- Co-Sponsors
- W. Todd Akin
- Steve Austria
- Spencer Bachus
- Judy Biggert
- Diane Black
- Dave Camp
- Francisco "Quico" Canseco
- Shelley Moore Capito
- Steve Chabot
- Mike Coffman
- Chip Cravaack
- Trent Franks
- Elton Gallegly
- Kay Granger
- Sam Graves
- Frank C. Guinta
- Gregg Harper
- Doc Hastings
- Adam Kinzinger
- John Kline
- Robert E. Latta
- Billy Long
- Daniel E. Lungren
- Kevin McCarthy
- Michael T. McCaul
- John L. Mica
- Candice S. Miller
- Sue Wilkins Myrick
- Kristi L. Noem
- Pete Olson
- Ted Poe
- Tom Reed
- David Rivera
- Dennis A. Ross
- Steve Scalise
- Robert T. Schilling
- Aaron Schock
- Tim Scott
- Lamar Smith
- Greg Walden
- Lynn A. Westmoreland
- Robert J. Wittman
- Subjects
- Taxation
- Income tax deductions
- Small business
- Wages and earnings
- Related Bills
- Major Actions
Introduced 3/21/2012 Referred to Committee Amendments (1 proposed) Passed House 4/19/2012 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On Agreeing to the Amendment: Amendment 1 to H R 9 4/19/2012 This amendment DID NOT PASS the House 175 voted YES 236 voted NO 21 voted present/not votingselect this vote House On Motion to Recommit with Instructions: H R 9 Small Business Tax Cut Act 4/19/2012 This motion DID NOT PASS the House 179 voted YES 229 voted NO 24 voted present/not votingcurrently selected House H.R. 9 (112th): Small Business Tax Cut Act 4/19/2012 This bill PASSED the House 235 voted YES 173 voted NO 24 voted present/not votingAction Date Description Introduced 3/21/2012 3/21/2012 Referred to the House Committee on Ways and Means. 3/28/2012 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 3/28/2012 Ordered to be Reported (Amended) by the Yeas and Nays: 21 - 14. 4/10/2012 Reported (Amended) by the Committee on Ways and Means. H. Rept. 112-425. Put on a legislative calendar 4/10/2012 Placed on the Union Calendar, Calendar No. 292. 4/17/2012 Rules Committee Resolution H. Res. 620 Reported to House. Rule provides for consideration of H.R. 9 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. A specified amendment is in order. The resolution waives all points of order against consideration of the bill. The resolution provides that the amendment in the nature of a substitute, now printed in the bill, shall be considered as adopted. The resolutions waives all points of order against provisions of the bill, as amended. The resolution makes in order the amendment in the nature of a substitute, for 20 minutes of debate, which shall not be subject to amendment. 4/19/2012 Rule H. Res. 620 passed House. 4/19/2012 Considered under the provisions of rule H. Res. 620. 4/19/2012 Rule provides for consideration of H.R. 9 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. A specified amendment is in order. The resolution waives all points of order against consideration of the bill. The resolution provides that the amendment in the nature of a substitute, now printed in the bill, shall be considered as adopted. The resolutions waives all points of order against provisions of the bill, as amended. The resolution makes in order the amendment in the nature of a substitute, for 20 minutes of debate, which shall not be subject to amendment. 4/19/2012 DEBATE - Pursuant to the provisions of H.Res. 620, as amended, the House proceeded with 70 minutes of debate on H.R. 9. 4/19/2012 DEBATE - Pursuant to the provisions of H. Res. 620, as amended, the House proceeded with 25 minutes of debate on the Levin substitute amendment. 4/19/2012 Mr. Deutch moved to recommit with instructions to Ways and Means. 4/19/2012 DEBATE - The House proceeded with 10 minutes of debate on the Deutch motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with amendments to prevent the tax deduction from allowing companies to ship jobs overseas. It would also prevent the tax deduction from being used on income from prostitution, pornography, drug trafficking, lobbying, golf courses that discriminate based on sex or race, or by taxpayers who violate Iran sanctions. Further, any Member of Congress taking the deduction would have to disclose the deduction amount and type of business income from which it came. 4/19/2012 The previous question on the motion to recommit with instructions was ordered without objection. 4/19/2012 Motion to reconsider laid on the table Agreed to without objection. select this vote Vote 4/19/2012 On Agreeing to the Amendment: Amendment 1 to H R 9 select this vote Vote 4/19/2012 On Motion to Recommit with Instructions: H R 9 Small Business Tax Cut Act currently selected House Vote on Passage 4/19/2012 H.R. 9 (112th): Small Business Tax Cut Act 4/19/2012 Amendment (A002) in the nature of a substitute offered by Mr. Levin. 4/23/2012 Received in the Senate and Read twice and referred to the Committee on Finance. Number Sponsor Date Offered Status H. Amdt. 1018 Levin, Sander [D-MI9] April 19, 2012 Failed by voice vote on April 19, 2012. Amendment in the nature of a substitute sought to replace the deduction in the underlying bill with a deduction for small businesses for the amounts they spend on capital investments in 2012.
Average contributions given to House members from interest groups that…
supported this bill
opposed this bill
Consumer groups |
General business associations (split) |
Contributions data source: OpenSecrets.org