H. R. 4013
IN THE HOUSE OF REPRESENTATIVES
February 13, 2012
Mr. Herger introduced the following bill; which was referred to the Committee on Ways and Means
To continue the employee payroll tax cut through 2012.
This Act may be cited as the
Temporary Payroll Tax Cut Continuation
Act of 2012.
Extension of payroll tax holiday
Subsection (c) of section 601 of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (26 U.S.C. 1401 note) is amended to read as follows:
Payroll tax holiday period
The term payroll tax holiday period means calendar years 2011 and 2012.
Section 601 of such Act (26 U.S.C. 1401 note) is amended by striking subsections (f) and (g).
The amendments made by this section shall apply to remuneration received, and taxable years beginning, after December 31, 2011.