S. 3014 · 111th Congress

American Job Creation and Investment Act

Stage
In committee
Introduced
2010-02-22
Latest action
2010-02-22 · Introduced in Senate

Summary

American Job Creation and Investment Act - Amends the Internal Revenue Code to allow a corporation to elect in 2010 and 2011 to increase its alternative minimum tax (AMT) credits by a specified credit adjustment amount for purposes of increasing its U.S. workforce and making investments in business equipment. Terminates such additional credit allowance after December 31, 2011.