S. 3521 - Family and Business Tax Cut Certainty Act of 2012

Taxation. 112th Congress (2011-2012) View bill details
Sponsor:
Summary:
An original bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions. (by CRS) 
Status:
The bill has passed through committee and has been put on a legislative calendar. 
There have been no votes on this bill.

Family and Business Tax Cut Certainty Act of 2012

S. 3521 — 112th Congress (2011–2012)

Summary
An original bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions. (by CRS)
Learn More
At OpenCongress
Title
An original bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions.
Other Titles
  • Family and Business Tax Cut Certainty Act of 2012
  • Family and Business Tax Cut Certainty Act of 2012
Sponsor
Max Baucus
Co-Sponsors
    Subjects
    • Taxation
    • Agricultural conservation and pollution
    • Alcoholic beverages
    • Alternative and renewable resources
    • American Samoa
    • Business investment and capital
    • Capital gains tax
    • Caribbean area
    • Coal
    • Computers and information technology
    • Correctional facilities and imprisonment
    • Economic development
    • Educational facilities and institutions
    • Electric power generation and transmission
    • Elementary and secondary education
    • Employee benefits and pensions
    • Employee hiring
    • Energy efficiency and conservation
    • Financial services and investments
    • First responders and emergency personnel
    • Food assistance and relief
    • Food industry and services
    • Foreign and international corporations
    • Housing finance and home ownership
    • Hybrid, electric, and advanced technology vehicles
    • Income tax credits
    • Income tax deductions
    • Income tax exclusion
    • Income tax rates
    • Indian lands and resources rights
    • Indian social and development programs
    • Interest, dividends, interest rates
    • Land use and conservation
    • Low- and moderate-income housing
    • Military personnel and dependents
    • Mining
    • Minority employment
    • Motor fuels
    • Motor vehicles
    • New York City
    • Outdoor recreation
    • Public transit
    • Public utilities and utility rates
    • Puerto Rico
    • Railroads
    • Real estate business
    • Research and development
    • Residential rehabilitation and home repair
    • Retail and wholesale trades
    • Sales and excise taxes
    • Securities
    • Small business
    • Social work, volunteer service, charitable organizations
    • Sports and recreation facilities
    • State and local taxation
    • Student aid and college costs
    • Tax administration and collection, taxpayers
    • Tax reform and tax simplification
    • Tax-exempt organizations
    • Taxation of foreign income
    • Teaching, teachers, curricula
    • Television and film
    • Transportation costs
    • Virgin Islands
    • Wages and earnings
    • Wildlife conservation and habitat protection
    • Worker safety and health
    Related Bills
      Major Actions
      Introduced8/28/2012
      Referred to Committee
      Bill History

      There have been no votes on this bill.

      ActionDateDescription
      Introduced8/28/2012
      8/28/2012Committee on Finance. Original measure reported to Senate by Senator Baucus under authority of the order of the Senate of 08/02/2012. With written report No. 112-208. Minority views filed.
      Put on a legislative calendar8/28/2012Placed on Senate Legislative Calendar under General Orders. Calendar No. 499.
      9/10/2012Star Print ordered on written report No. 112-208.
      9/12/2012Motion to proceed to consideration of measure made in Senate.
      9/13/2012Motion to proceed to consideration of measure made in Senate.
      9/19/2012Motion to proceed to consideration of measure made in Senate.
      9/19/2012Motion to proceed to consideration of measure withdrawn in Senate.
      NumberSponsorDate OfferedStatus
      ContributorInterest groupAmountDatesort iconSenate memberPartyState
      American Wind Energy AssnAlternate energy production & services$1,0007/1/10Bill NelsonDFL
      American Wind Energy AssnAlternate energy production & services$1,0007/1/10Kent ConradDND
      American Wind Energy AssnAlternate energy production & services$1,0007/1/10Mark UdallDCO
      Renewable Energy Systems AmericasAlternate energy production & services$1,0007/1/10Lisa MurkowskiRAK
      Growth EnergyAlternate energy production & services$1,0007/8/10Jerry MoranRKS
      Weiss, KathleenAlternate energy production & services$1,0007/8/10Harry ReidDNV
      Bode, Denise aAlternate energy production & services$1,0007/12/10Jerry MoranRKS
      Federal Aviation Admin Managers AssnFederal employees unions$2,0007/13/10John IsaksonRGA
      Spencer, JamesAlternate energy production & services$5007/13/10Lisa MurkowskiRAK
      American Wind Energy AssnAlternate energy production & services$5,0007/14/10Lisa MurkowskiRAK
      American Wind Energy AssnAlternate energy production & services$2,0007/14/10Lisa MurkowskiRAK
      Invenergy LlcAlternate energy production & services$1,0007/14/10Lisa MurkowskiRAK
      Wetstone, GregoryAlternate energy production & services$5007/14/10Lisa MurkowskiRAK
      Federal Aviation Admin Managers AssnFederal employees unions$5,0007/15/10Roy BluntRMO
      Growth EnergyAlternate energy production & services$1,0007/15/10John ThuneRSD
      Baker, Benjamin MAlternate energy production & services$5007/16/10Richard BlumenthalDCT
      Bode, Denise aAlternate energy production & services$2,4007/19/10Thomas CoburnROK
      Federal Aviation Admin Managers AssnFederal employees unions$2,5007/20/10Michael BennetDCO
      National Fedn of Independent BusinessSmall business associations$5,0007/21/10Roy BluntRMO
      Rastetter, Bruce L MrAlternate energy production & services$2,4007/21/10Patrick ToomeyRPA
      American Wind Energy AssnAlternate energy production & services$-1,0007/22/10Lisa MurkowskiRAK
      Bode, Denise aAlternate energy production & services$-1,2007/26/10Thomas CoburnROK
      Cope, Roger WAlternate energy production & services$3007/26/10Debbie StabenowDMI
      Federal Aviation Admin Managers AssnFederal employees unions$5,0007/27/10John BoozmanRAR
      Horizon Wind EnergyAlternate energy production & services$1,0007/28/10Charles GrassleyRIA
      Schmidt, Uwe TAlternate energy production & services$1,0007/28/10Harry ReidDNV
      Invenergy LlcAlternate energy production & services$3,0007/29/10Michael BennetDCO
      Frieze, ChristineAlternate energy production & services$1,0007/30/10John KerryDMA
      Natl Active & Retired Fed Employees AssnFederal employees unions$5,0008/2/10Patty MurrayDWA
      Natl Active & Retired Fed Employees AssnFederal employees unions$2,0008/2/10Kirsten GillibrandDNY
      Natl Active & Retired Fed Employees AssnFederal employees unions$2,0008/2/10Patrick LeahyDVT
      Growth EnergyAlternate energy production & services$1,0008/3/10Harry ReidDNV
      Manuel, ThomasAlternate energy production & services$5008/3/10Mark KirkRIL
      American Wind Energy AssnAlternate energy production & services$2,0008/4/10Robert MenéndezDNJ
      American Wind Energy AssnAlternate energy production & services$1,5008/4/10Michael BennetDCO
      American Wind Energy AssnAlternate energy production & services$1,0008/4/10John HoevenRND
      American Wind Energy AssnAlternate energy production & services$1,0008/4/10Max BaucusDMT
      Federal Aviation Admin Managers AssnFederal employees unions$1,0008/4/10Patty MurrayDWA
      National Fedn of Independent BusinessSmall business associations$1,0008/4/10John McCainRAZ
      National Fedn of Independent BusinessSmall business associations$1,0008/4/10Lisa MurkowskiRAK
      National Fedn of Independent BusinessSmall business associations$1,0008/4/10Michael CrapoRID
      National Fedn of Independent BusinessSmall business associations$1,0008/4/10Richard ShelbyRAL
      National Fedn of Independent BusinessSmall business associations$1,0008/4/10Thomas CoburnROK
      National Treasury Employees UnionFederal employees unions$5,0008/4/10Joe ManchinDWV
      Solar Energy Industries AssnAlternate energy production & services$7508/4/10Michael BennetDCO
      National Biodeisel BoardAlternate energy production & services$2,4008/5/10Roy BluntRMO
      Schmidt, Uwe TAlternate energy production & services$1,0008/5/10Barbara BoxerDCA
      Stanton, John MAlternate energy production & services$5008/5/10Michael BennetDCO
      Greco, JosephAlternate energy production & services$5008/9/10Ron WydenDOR
      Rastetter, BruceAlternate energy production & services$2,4008/9/10Jim DeMintRSC
      Wetstone, Gregory SAlternate energy production & services$5008/9/10Ron WydenDOR
      American Federation of Govt EmployeesFederal employees unions$2,5008/12/10Michael BennetDCO
      American Federation of Govt EmployeesFederal employees unions$2,5008/12/10Michael BennetDCO
      Poet LlcAlternate energy production & services$2,0008/12/10Roy BluntRMO
      National Fedn of Independent BusinessSmall business associations$1,0008/13/10David VitterRLA
      Poet LlcAlternate energy production & services$1,0008/13/10Robert PortmanROH
      Feraci, BrentAlternate energy production & services$1,0008/16/10Roy BluntRMO
      Jobe, JosephAlternate energy production & services$1,5008/16/10Roy BluntRMO
      Neal, ShelbyAlternate energy production & services$1,0008/16/10Roy BluntRMO
      Renewable Energy Systems AmericasAlternate energy production & services$1,5008/16/10Harry ReidDNV
      Hamilton, JillAlternate energy production & services$2508/18/10Roy BluntRMO
      Small Business Council of AmericaSmall business associations$2008/19/10Robert PortmanROH
      Cumming, John DAlternate energy production & services$2,4008/20/10Harry ReidDNV
      Demeo, EdgarAlternate energy production & services$2508/25/10Barbara BoxerDCA
      Demeo, LindaAlternate energy production & services$2508/25/10Barbara BoxerDCA
      Spencer, JamesAlternate energy production & services$2,4008/25/10Kirsten GillibrandDNY
      American Wind Energy AssnAlternate energy production & services$-1,3808/26/10Harry ReidDNV
      Poet LlcAlternate energy production & services$1,0008/26/10Daniel CoatsRIN
      Natl Active & Retired Fed Employees AssnFederal employees unions$5,0008/27/10Joe ManchinDWV
      Natl Active & Retired Fed Employees AssnFederal employees unions$2,0008/27/10Dean HellerRNV
      4 Organizations Supported and 0 Opposed; See Which Ones

      Organizations that took a position on
      Family and Business Tax Cut Certainty Act of 2012

      4 organizations supported this bill

      Algal Biomass Organization
      Lane, Jim (2012, August 7). Algae Biomass Organization tips hat to Senate Finance committee, for algae parity measures. Biofuels Digest. Retrieved August 31, 2012, from http://www.biofuelsdigest.com/bdigest/2012/08/07/algae-biomass-organization-tips-hat-to-senate-finance-committee-for-algae-parity-measures/.
      National Council of State Housing Agencies
      National Council of State Housing Agencies (2012, August 6). Senate Finance Committee Extends Fixed 9 Percent Housing Credit Rate. Retrieved August 31, 2012, from National Council of State Housing Agencies .
      National Federation of Independent Business
      Chapman, Kevan (2012, August 2). NFIB Statement on Senate Action on Small-Business Tax Extenders. Retrieved August 31, 2012, from National Federation of Independent Business.
      National Treasury Employees Union
      Laing, Keith (2012, August 2). Union Applauds Senate Committee Approval of Commuter Tax Benefit. The Hill. Retrieved August 31, 2012, from http://thehill.com/blogs/transportation-report/public-transit/241961-union-applauds-senate-committee-approval-of-public-transit-tax-benefit.

      0 organizations opposed this bill

      Need proof?

      View citations of support and opposition

      Includes reported contributions to congressional campaigns of Senators in office during the 112th U.S. Congress, from interest groups invested in the vote according to MapLight, July 1, 2010 – August 31, 2010.
      Contributions data source: OpenSecrets.org

      Contributions by Legislator

      Namesort iconPartyState$ From Interest Groups
      That Supported
      $ From Interest Groups
      That Opposed
      Daniel K. AkakaDHI$0$0
      Andrew Lamar AlexanderRTN$0$0
      Kelly AyotteRNH$0$0
      John BarrassoRWY$0$0
      Max BaucusDMT$1,000$0
      Mark BegichDAK$0$0
      Michael BennetDCO$13,250$0
      Jesse "Jeff" BingamanDNM$0$0
      Richard BlumenthalDCT$500$0
      Roy BluntRMO$18,150$0
      John BoozmanRAR$5,000$0
      Barbara BoxerDCA$1,500$0
      Scott BrownRMA$0$0
      Sherrod BrownDOH$0$0
      Richard BurrRNC$0$0
      Maria CantwellDWA$0$0
      Ben CardinDMD$0$0
      Tom CarperDDE$0$0
      Bob CaseyDPA$0$0
      Clarence Saxby ChamblissRGA$0$0
      Daniel CoatsRIN$1,000$0
      Tom CoburnROK$2,200$0
      William Thad CochranRMS$0$0
      Susan CollinsRME$0$0
      Gaylord Kent ConradDND$1,000$0
      Chris CoonsDDE$0$0
      Bob CorkerRTN$0$0
      John CornynRTX$0$0
      Mike CrapoRID$1,000$0
      Jim DeMintRSC$2,400$0
      Dick DurbinDIL$0$0
      Mike EnziRWY$0$0
      Dianne FeinsteinDCA$0$0
      Alan FrankenDMN$0$0
      Kirsten GillibrandDNY$4,400$0
      Lindsey GrahamRSC$0$0
      Chuck GrassleyRIA$1,000$0
      Kay HaganDNC$0$0
      Tom HarkinDIA$0$0
      Orrin HatchRUT$0$0
      Dean HellerRNV$2,000$0
      John HoevenRND$1,000$0
      Kay Bailey HutchisonRTX$0$0
      Jim InhofeROK$0$0
      Dan InouyeDHI$0$0
      Johnny IsaksonRGA$2,000$0
      Mike JohannsRNE$0$0
      Ron JohnsonRWI$0$0
      Tim JohnsonDSD$0$0
      John KerryDMA$1,000$0
      Mark KirkRIL$500$0
      Amy KlobucharDMN$0$0
      Herb KohlDWI$0$0
      Jon KylRAZ$0$0
      Mary LandrieuDLA$0$0
      Frank LautenbergDNJ$0$0
      Patrick LeahyDVT$2,000$0
      Mike LeeRUT$0$0
      Carl LevinDMI$0$0
      Joe LiebermanICT$0$0
      Dick LugarRIN$0$0
      Joe ManchinDWV$10,000$0
      John McCainRAZ$1,000$0
      Claire McCaskillDMO$0$0
      Addison "Mitch" McConnellRKY$0$0
      Bob MenéndezDNJ$2,000$0
      Jeff MerkleyDOR$0$0
      Barbara MikulskiDMD$0$0
      Jerry MoranRKS$2,000$0
      Lisa MurkowskiRAK$10,000$0
      Patty MurrayDWA$6,000$0
      Earl "Ben" NelsonDNE$0$0
      Clarence "Bill" NelsonDFL$1,000$0
      Rand PaulRKY$0$0
      Rob PortmanROH$1,200$0
      Mark PryorDAR$0$0
      John "Jack" ReedDRI$0$0
      Harry ReidDNV$5,520$0
      Jim RischRID$0$0
      Charles "Pat" RobertsRKS$0$0
      John "Jay" RockefellerDWV$0$0
      Marco RubioRFL$0$0
      Bernie SandersIVT$0$0
      Chuck SchumerDNY$0$0
      Jeff SessionsRAL$0$0
      Jeanne ShaheenDNH$0$0
      Richard ShelbyRAL$1,000$0
      Olympia SnoweRME$0$0
      Debbie StabenowDMI$300$0
      Jon TesterDMT$0$0
      John ThuneRSD$1,000$0
      Patrick ToomeyRPA$2,400$0
      Mark UdallDCO$1,000$0
      Tom UdallDNM$0$0
      David VitterRLA$1,000$0
      Mark WarnerDVA$0$0
      Jim WebbDVA$0$0
      Sheldon WhitehouseDRI$0$0
      Roger WickerRMS$0$0
      Ron WydenDOR$1,000$0

      Add Data Filters:

      Legislator Filters
      Legislator Filters
      Show All
      NamePartyState$ From Interest Groups
      That Supported
      $ From Interest Groups
      That Opposed
      Daniel K. AkakaDHI$0$0
      Andrew Lamar AlexanderRTN$0$0
      Kelly AyotteRNH$0$0
      John BarrassoRWY$0$0
      Max BaucusDMT$1,000$0
      Mark BegichDAK$0$0
      Michael BennetDCO$13,250$0
      Jesse "Jeff" BingamanDNM$0$0
      Richard BlumenthalDCT$500$0
      Roy BluntRMO$18,150$0
      John BoozmanRAR$5,000$0
      Barbara BoxerDCA$1,500$0
      Scott BrownRMA$0$0
      Sherrod BrownDOH$0$0
      Richard BurrRNC$0$0
      Maria CantwellDWA$0$0
      Ben CardinDMD$0$0
      Tom CarperDDE$0$0
      Bob CaseyDPA$0$0
      Clarence Saxby ChamblissRGA$0$0
      Daniel CoatsRIN$1,000$0
      Tom CoburnROK$2,200$0
      William Thad CochranRMS$0$0
      Susan CollinsRME$0$0
      Gaylord Kent ConradDND$1,000$0
      Chris CoonsDDE$0$0
      Bob CorkerRTN$0$0
      John CornynRTX$0$0
      Mike CrapoRID$1,000$0
      Jim DeMintRSC$2,400$0
      Dick DurbinDIL$0$0
      Mike EnziRWY$0$0
      Dianne FeinsteinDCA$0$0
      Alan FrankenDMN$0$0
      Kirsten GillibrandDNY$4,400$0
      Lindsey GrahamRSC$0$0
      Chuck GrassleyRIA$1,000$0
      Kay HaganDNC$0$0
      Tom HarkinDIA$0$0
      Orrin HatchRUT$0$0
      Dean HellerRNV$2,000$0
      John HoevenRND$1,000$0
      Kay Bailey HutchisonRTX$0$0
      Jim InhofeROK$0$0
      Dan InouyeDHI$0$0
      Johnny IsaksonRGA$2,000$0
      Mike JohannsRNE$0$0
      Ron JohnsonRWI$0$0
      Tim JohnsonDSD$0$0
      John KerryDMA$1,000$0
      Mark KirkRIL$500$0
      Amy KlobucharDMN$0$0
      Herb KohlDWI$0$0
      Jon KylRAZ$0$0
      Mary LandrieuDLA$0$0
      Frank LautenbergDNJ$0$0
      Patrick LeahyDVT$2,000$0
      Mike LeeRUT$0$0
      Carl LevinDMI$0$0
      Joe LiebermanICT$0$0
      Dick LugarRIN$0$0
      Joe ManchinDWV$10,000$0
      John McCainRAZ$1,000$0
      Claire McCaskillDMO$0$0
      Addison "Mitch" McConnellRKY$0$0
      Bob MenéndezDNJ$2,000$0
      Jeff MerkleyDOR$0$0
      Barbara MikulskiDMD$0$0
      Jerry MoranRKS$2,000$0
      Lisa MurkowskiRAK$10,000$0
      Patty MurrayDWA$6,000$0
      Earl "Ben" NelsonDNE$0$0
      Clarence "Bill" NelsonDFL$1,000$0
      Rand PaulRKY$0$0
      Rob PortmanROH$1,200$0
      Mark PryorDAR$0$0
      John "Jack" ReedDRI$0$0
      Harry ReidDNV$5,520$0
      Jim RischRID$0$0
      Charles "Pat" RobertsRKS$0$0
      John "Jay" RockefellerDWV$0$0
      Marco RubioRFL$0$0
      Bernie SandersIVT$0$0
      Chuck SchumerDNY$0$0
      Jeff SessionsRAL$0$0
      Jeanne ShaheenDNH$0$0
      Richard ShelbyRAL$1,000$0
      Olympia SnoweRME$0$0
      Debbie StabenowDMI$300$0
      Jon TesterDMT$0$0
      John ThuneRSD$1,000$0
      Patrick ToomeyRPA$2,400$0
      Mark UdallDCO$1,000$0
      Tom UdallDNM$0$0
      David VitterRLA$1,000$0
      Mark WarnerDVA$0$0
      Jim WebbDVA$0$0
      Sheldon WhitehouseDRI$0$0
      Roger WickerRMS$0$0
      Ron WydenDOR$1,000$0

      Interest Groups that supported this bill

      $ Donated
      Alternate energy production & services$54,620
      Federal employees unions$41,500
      Small business associations$11,200
      Public official (elected or appointed)$0

      Interest Groups that opposed this bill

      $ Donated
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