Political Quotes

On the recordMarch 24, 2010
Madam Speaker, I reserve a point of order against the gentleman's motion. The SPEAKER pro tempore. The gentleman from Michigan reserves a point of order. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Camp moves to recommit the bill H.R. 4849 to the Committee on Ways and Means with instructions to report the same back to the House forthwith with the following amendment: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE; ETC. (a) Short Title.--This Act may be cited as the ``Tax Incentives for Small Business Growth and Health Care Corrections Act of 2010''. (b) Amendment of 1986 Code.--Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986. (c) Table of Contents.--The table of contents for this Act is as follows: Sec. 1. Short title; etc. TITLE I--SMALL BUSINESS TAX INCENTIVES Subtitle A--General Provisions Sec. 101. Temporary exclusion of 100 percent of gain on certain small business stock. Subtitle B--Limitations and Reporting on Certain Penalties Sec. 111. Limitation on penalty for failure to disclose certain information. Sec. 112. Annual reports on penalties and certain other enforcement actions.…
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Mike Levin
Democratic · California

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