HR 4 – Jobs for America Act
DIVISION I—WAYS AND MEANS
TITLE I—SAVE AMERICAN WORKERS
Sec. 101. Short title.
Sec. 102. Repeal of 30-hour threshold for classification as full-time employee for purposes of the employer mandate in the Patient Protection and Affordable Care Act and replacement with 40 hours.
TITLE II—HIRE MORE HEROES
Sec. 201. Short title.
Sec. 202. Employees with health coverage under TRICARE or the Veterans Administration may be exempted from employer mandate under Patient Protection and Affordable Care Act.
TITLE III—AMERICAN RESEARCH AND COMPETITIVENESS
Sec. 301. Short title.
Sec. 302. Research credit simplified and made permanent.
Sec. 303. PAYGO Scorecard.
TITLE IV—AMERICA’S SMALL BUSINESS TAX RELIEF
Sec. 401. Short title.
Sec. 402. Expensing certain depreciable business assets for small business.
Sec. 403. Budgetary effects.
TITLE V—S CORPORATION PERMANENT TAX RELIEF
Sec. 501. Short title.
Sec. 502. Reduced recognition period for built-in gains of S corporations made permanent.
Sec. 503. Permanent rule regarding basis adjustment to stock of S corporations making charitable contributions of property.
Sec. 504. Budgetary effects.
TITLE VI—BONUS DEPRECIATION MODIFIED AND MADE PERMANENT
Sec. 601. Bonus depreciation modified and made permanent.
Sec. 602. Budgetary effects.
TITLE VII—REPEAL OF MEDICAL DEVICE EXCISE TAX
Sec. 701. Repeal of medical device excise tax.
Sec. 702. Budgetary effects.
Provided by CCH