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house Bill H.R. 3127

Cutting Red Tape, Green-Lighting Small Businesses Act of 2013

bill Progress

  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Small Business
      Committee on Ways and Means
    IntroducedSeptember 18th, 2013

Bill Details

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Cutting Red Tape, Green-Lighting Small Businesses Act of 2013

Official Title

To amend the Internal Revenue Code of 1986 to allow a credit to small employers for certain newly hired employees, and for other purposes.


Cutting Red Tape, Green-Lighting Small Businesses Act of 2013 - Amends the Internal Revenue Code to allow an employer with not less than 2 or more than 150 employees in a calendar year a business-related tax credit for the cost of up to 5 newly-hired employees who are employed, on average, at least 30 hours per week. Makes such credit available to tax-exempt eligible small employers. Terminates such credit for wages paid after December 31, 2015. Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to: (1) determine, for a new small business concern, what SBA applications, submissions, or other paperwork are not essential to file during the first year of operation of such small business concern; and (2) make rules for the waiver of such filings.

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