H.R. 4213 American Jobs and Closing Tax Loopholes Act

The "American Jobs and Closing Tax Loopholes Act" makes significant investments in American jobs and cuts taxes to help the nation continue along the path of economic recovery and job growth. The economy has added 573,000 jobs since December-this bill includes provisions to continue that growth.

The House passed H.R. 4213 on May 28, 2010.

**Updated Information July 22, 2010**  Click here for information on H.R. 4213 the Unemployment Compensation Act of 2010.

The American Jobs and Closing Tax Loopholes Act includes provisions to:

• Promote American job creation
• Provide relief for working families
• Prevent the outsourcing of American jobs
• Close tax loopholes
• Ensure corporate accountability
• Maintain access to affordable health care

Click here for the legislative text of H.R. 4213

Click here for the legislative text of the Manager's Amendment

     Click here for summary of changes in the Manager's Amendment

     Click here for the text of the Amendment to H.Res. 1403 Updated May 28th 

Click here for a summary of H.R. 4213 Updated May 28th

     Click here to view an updated JCT Estimated Revenue Effects Updated May 28th

     Click here for JCT's Technical Explanation of Revenue Provisions Updated May 28th

     Click here for CBO's Budgetary Effects Table Updated May 28th

     Click here for CBO's Estimate of the Statutory Pay-As-You-Go Effects Table Updated May 28th

Click here for the White House's Statement of Administration Policy (SAP)

Click here for information on H.R. 4213 the Tax Extenders Act of 2009 that passed the House on December 8, 2009.

     Promoting American Job Creation

Summary of Infrastructure, Business Tax Relief, and Pension Funding Relief Provisions

Build America Bonds

     Relief for Working Families

     Disaster Response

Summary

     Energy Independence

Summary

     Closing Tax Loopholes

Summary

What People are Saying about Carried Interest and Tax Equity