H.R. 4850 · 111th Congress · 2009–2010
American Job Creation and Investment Act
H.R. 4850 in the 111th Congress (2009–2010) was introduced on Mar 16, 2010, sponsored by Gary C. Peters with 77 co-sponsors.
During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Mar 16, 2010
- Co-sponsors
- 77
- Policy area
- Taxation
What it does
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. Allows a similar election for a taxable year which includes December 31, 2009, with certain restrictions.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Gary C. Peters (D-MI). Co-sponsors: 56 Democrats, 21 Republicans.
Where it stands
- IntroducedMar 16, 2010
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Mar 16, 2010)
More bills from Gary C. Peters in the 111th Congress
Other Taxation bills in the 111th Congress
- H.R. 4462: To accelerate the income tax benefits for charitable cash contributions for the relief of victims…
- H.R. 4887: TRICARE Affirmation Act
- H.R. 5623: Homebuyer Assistance and Improvement Act of 2010
- H.R. 4213: Unemployment Compensation Extension Act of 2010
- H.R. 1586: Aviation Safety and Investment Act of 2010
- H.R. 5552: Firearms Excise Tax Improvement Act of 2010
- H.R. 4783: Claims Resolution Act of 2010
- H.R. 4994: Medicare and Medicaid Extenders Act of 2010
- H.R. 4337: Regulated Investment Company Modernization Act of 2010
- H.R. 5901: Real Estate Jobs and Investment Act of 2010
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 4850 (111th Congress): American Job Creation and Investment Act,” https://www.capitolreceipts.com/bill/111-hr-4850/american-job-creation-and-investment-act (accessed 2026-10-17).