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P.L. 112-106, The Jumpstart Our Business Startups Act

  • This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on March 14, 2012, 06:35:35 (webmaster), with revision saved on March 23, 2012, 06:36:08 (webmaster):

H.R. 3606 would increase American job creation and economic growth by improving access to the public capital markets for emerging growth companies.

== Detailed Summary ==

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== Status of the Legislation ==

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Latest Major Action: 3/13/2012: Read the second time. Placed on3/22/2012: Passed/agreed to in Senate. Status: Passed Senate Legislative Calendar under General Orders. Calendar No. 334.with an amendment by Yea-Nay Vote. 73 - 26. Record Vote Number: 55.
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== Points in Favor ==

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== Points Against ==

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    Costs: $0.91 per
    and increases their $162,301.27 share of the national debt by $0.00.
    (source info)

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  • There was no up-or-down vote in the House.

  • There was no up-or-down vote in the Senate.

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J. Kelly

March 19, 2012, 1:33pm (report abuse)

This bill should be called the "destroy jobs bill". It specifically cuts jobs at emerging companies by allowing them to completely eliminate any financial controls over their activities (anybody remember Enron, Worldcom, Madoff and other crooked financial dealings). Congress wants to allow companies--especially Chinese companies--to steal your money through issuing phony financial statements and then selling stock. Obviously the Chinese lobbyists are supporting this one. Kill this ridiculous bill.

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