H. Res. 620: H.R. 9 - Small Business Tax Cut Act

COMMITTEE ACTION: REPORTED BY A VOICE VOTE on Tuesday, April 17, 2012.
FLOOR ACTION: ADOPTED BY A RECORD VOTE OF 234-178 AFTER AGREEING TO THE PREVIOUS QUESTION BY A RECORD VOTE OF 234-179 on April 19, 2012.

MANAGERS: Hastings/Sessions

112th Congress 
2nd Session

H.RES 620

[Report No. 112-447]

 

 

H.R. 9 - Small Business Tax Cut Act

1. Structured rule.

2. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Ways and Means.

3. Waives all points of order against consideration of the bill.

4. Provides that the amendment in the nature of a substitute recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted. The bill, as amended, shall be considered as read and shall be considered as original text for the purpose of further amendment.

5. Waives all points of order against provisions in the bill, as amended.

6. Makes in order the amendment in the nature of a substitute printed in the Rules Committee report, which may be offered only by Representative Levin of Michigan or his designee, shall be considered as read, shall be debatable for 20 minutes equally divided and controlled by the proponent and an opponent, and shall not be subject to amendment.

7. Waives all points of order against the amendment printed in the report.

8. Provides one motion to recommit with or without instructions.

RESOLUTION

Resolved, That upon the adoption of this resolution it shall be in order to consider in the House the bill (H.R. 9) to amend the Internal Revenue Code of 1986 to provide a deduction for domestic business income of qualified small businesses. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the.Committee on Ways and Means now printed in the bill shall be considered as adopted. The bill, as amended, shall be considered as read. All points of order against provisions in the bill, as amended, are waived. The previous question shall be considered as ordered on the bill, as amended, and on any further amendment thereto, to final passage without intervening motion except: (1) one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Ways and Means; (2) the further amendment in the nature of a substitute printed in the report of the Committee on Rules accompanying this resolution, if offered by Representative Levin of Michigan or his designee, which shall be in order without intervention of any point of order, shall be considered as read, and shall be separately debatable for 20 minutes equally divided and controlled by the proponent and an opponent; and (3) one motion to recommit with or without instructions.

SUMMARY OF AMENDMENTS PROPOSED TO BE MADE IN ORDER

(summaries derived from information provided by sponsors)

Sponsor

# Description

Debate Time

1.) Levin, Sander (MI)

#2 Would replace the deduction in the underlying bill with a deduction for small businesses for the amounts they spend on Capital investments in 2012.

(20 minutes)