American Jobs and Closing Tax Loopholes Act

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 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 a summary of H.R. 4213 

Click here to view JCT's Estimated Revenue Effects

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

SAP on H R 4213 American Jobs and Closing Tax Loopholes Act

 Promoting American Job Creation

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

Build America Bonds

Relief for Working Families

Summary of Individual Tax Cuts 

Emergency Assistance & Reforms Consistent with Statutory PAYGO

Nearly 5 Million Workers Estimated to Lose UI Benefits Before Year-End if Congress Fails to Act 

State-by-State Information

Above-the-Line Deduction for Certain Expenses of Elementary and Secondary School Teachers

Above-the-Line Deduction for Qualified Tuition and Related Expenses

Deduction of State and Local General Sales Taxes

Disaster Response

Summary

Energy Independence

Summary

Closing Tax Loopholes

Summary

What People are Saying about Carried Interest and Tax Equity

Support for H.R. 4213 

Click here to view the entire list of supporters for H.R. 4213