Economic Growth and Reducing Unemployment Act

To make supplemental appropriations to provide additional funds to Americorps for the fiscal year ending September 30, 2012, and to amend the Internal Revenue Code of 1986 to extend and modify payroll tax forgiveness.

Subjects

Labor and Employment

Summary

Economic Growth and Reducing Unemployment Act - Appropriates additional amounts in FY2012 for the Corporation for National and Community Service for carrying out the National and Community Service Act of 1990. Requires appropriated funds to be used to increase the number of national service positions under such Act to 500,000.

Appropriates additional amounts in FY2012 for the Office of Inspector General for carrying out the Inspector General Act of 1978.

Amends the Internal Revenue Code to extend the suspension of employment and railroad retirement taxes through December 31, 2012. Limits the aggregate reduction in taxes from such suspension to $5,000 per employee.

Full Text

Legislative Actions

2011-09-23
Introduced in House
2011-09-23
Introduced in House
2011-09-23
Sponsor introductory remarks on measure. (CR E1713)
2011-09-23
Referred to the Committee on Appropriations, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2011-09-23
Referred to the Committee on Appropriations, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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