I 
111TH CONGRESS 
2D SESSION 
H. R. 6367 
To restore American jobs, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 29, 2010 
Mr. MORAN of Kansas introduced the following bill; which was referred to the 
Committee on Ways and Means, and in addition to the Committees on 
Energy and Commerce, Education and Labor, the Judiciary, House Ad-
ministration, Rules, Natural Resources, Appropriations, Financial Serv-
ices, and Transportation and Infrastructure, for a period to be subse-
quently determined by the Speaker, in each case for consideration of such 
provisions as fall within the jurisdiction of the committee concerned 
A BILL 
To restore American jobs, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Restore American Jobs Act of 2010’’. 
(b) TABLE OF CONTENTS.— 
Sec. 1. Short title; table of contents. 
TITLE I—SMALL BUSINESS JOBS AND TAX RELIEF 
Sec. 101. Extend temporary bonus depreciation for certain property. 
Sec. 102. Increase in amount allowed as deduction for start-up expenditures. 
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Sec. 103. Removal of cellular telephones (or similar telecommunications equip-
ment) from listed property. 
Sec. 104. Nonrecourse Small Business Investment Company loans from the 
Small Business Administration treated as amounts at risk. 
Sec. 105. Temporary exclusion of 100 percent of gain on certain small business 
stock. 
TITLE II—SMALL BUSINESS PAPERWORK MANDATE 
ELIMINATION 
Sec. 201. Repeal of expansion of information reporting requirements. 
TITLE III—SMALL BUSINESS LENDING 
Sec. 301. Research credit. 
TITLE IV—NATIONAL RIGHT-TO-WORK 
Sec. 401. Amendments to the national labor relations Act. 
Sec. 402. Amendment to the Railway Labor Act. 
TITLE V—ECONOMIC FREEDOM 
Sec. 501. Zero percent capital gains rate for individuals and corporations. 
Sec. 502. Reduction in corporate income tax rates. 
Sec. 503. Estate tax repeal made permanent. 
Sec. 504. Election to expense business assets. 
Sec. 505. Payroll Tax Decrease for 2010. 
Sec. 506. Rescission and repeal in ARRA. 
Sec. 507. Termination of TARP authority. 
Sec. 508. Requiring the sale of stock and warrants received under TARP. 
TITLE VI—UNITED STATES-COLOMBIA TRADE PROMOTION 
AGREEMENT 
Subtitle A—General Provisions 
Sec. 601. Short title. 
Sec. 602. Purposes. 
Sec. 603. Definitions. 
Subtitle B—Approval of, and General Provisions Relating to, the Agreement 
Sec. 611. Approval and entry into force of the agreement. 
Sec. 612. Relationship of the Agreement to United States and State law. 
Sec. 613. Implementing actions in anticipation of entry into force and initial 
regulations. 
Sec. 614. Consultation and layover provisions for, and effective date of, pro-
claimed actions. 
Sec. 615. Administration of Dispute Settlement proceedings. 
Sec. 616. Arbitration of claims. 
Sec. 617. Effective dates; effect of termination. 
Subtitle C—Customs Provisions 
Sec. 621. Tariff modifications. 
Sec. 622. Additional duties on certain agricultural goods. 
Sec. 623. Rules of origin. 
Sec. 624. Customs user fees. 
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Sec. 625. Disclosure of incorrect information; false certifications of origin; de-
nial of preferential tariff treatment. 
Sec. 626. Reliquidation of entries. 
Sec. 627. Recordkeeping requirements. 
Sec. 628. Enforcement relating to trade in textile or apparel goods. 
Sec. 629. Regulations. 
Subtitle D—Relief From Imports 
Sec. 631. Definitions. 
CHAPTER 1—RELIEF FROM IMPORTS BENEFITING FROM THE AGREEMENT 
Sec. 641. Commencing of action for relief. 
Sec. 642. Commission action on petition. 
Sec. 643. Provision of relief. 
Sec. 644. Termination of relief authority. 
Sec. 645. Compensation authority. 
Sec. 646. Confidential business information. 
CHAPTER 2—TEXTILE AND APPAREL SAFEGUARD MEASURES 
Sec. 651. Commencement of action for relief. 
Sec. 652. Determination and provision of relief. 
Sec. 653. Period of relief. 
Sec. 654. Articles exempt from relief. 
Sec. 655. Rate after termination of import relief. 
Sec. 656. Termination of relief authority. 
Sec. 657. Compensation authority. 
Sec. 658. Confidential business information. 
CHAPTER 3—CASES UNDER TITLE II OF THE TRADE ACT OF 1974 
Sec. 661. Findings and action on goods of Colombia. 
Subtitle E—Procurement 
Sec. 671. Eligible products. 
Subtitle F—Offsets 
Sec. 681. Customs user fees. 
Sec. 682. Time for payment of corporate estimated taxes. 
TITLE VII—UNITED STATES-PANAMA FREE TRADE AGREEMENT 
AND UNITED STATES-KOREA FREE TRADE AGREEMENT 
Sec. 701. Sense of Congress. 
TITLE VIII—REPEAL OF PATIENT PROTECTION AND 
AFFORDABLE CARE ACT 
Sec. 801. Repeal. 
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TITLE I—SMALL BUSINESS JOBS 
AND TAX RELIEF 
SEC. 101. EXTEND TEMPORARY BONUS DEPRECIATION FOR 
CERTAIN PROPERTY. 
(a) EXTENSION OF SPECIAL ALLOWANCE.— 
(1) IN
GENERAL.—Paragraph (2) of section 
168(k) of the Internal Revenue Code of 1986 is 
amended— 
(A) by striking ‘‘January 1, 2011’’ and in-
serting ‘‘January 1, 2012’’, and 
(B) by striking ‘‘January 1, 2010’’ each 
place it appears and inserting ‘‘January 1, 
2011’’. 
(2) CONFORMING AMENDMENTS.— 
(A) The heading for subsection (k) of sec-
tion 168 of such Code is amended by striking 
‘‘JANUARY 1, 2010’’ and inserting ‘‘JANUARY 
1, 2011’’. 
(B) The heading for clause (ii) of section 
168(k)(2)(B) of such Code is amended by strik-
ing ‘‘PRE-JANUARY 1, 2010’’ and inserting ‘‘PRE- 
JANUARY 1, 2011’’. 
(C) Subparagraph (B) of section 168(l)(5) 
of such Code is amended by striking ‘‘January 
1, 2010’’ and inserting ‘‘January 1, 2011’’. 
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(D) Subparagraph (C) of section 168(n)(2) 
of such Code is amended by striking ‘‘January 
1, 2010’’ and inserting ‘‘January 1, 2011’’. 
(E) 
Subparagraph 
(B) 
of 
section 
1400N(d)(3) of such Code is amended by strik-
ing ‘‘January 1, 2010’’ and inserting ‘‘January 
1, 2011’’. 
(b) EXTENSION OF ELECTION TO ACCELERATE THE 
AMT AND RESEARCH CREDITS IN LIEU OF BONUS DE-
PRECIATION.—Section 168(k)(4) of such Code (relating to 
election to accelerate the AMT and research credits in lieu 
of bonus depreciation) is amended— 
(1) by striking ‘‘2009’’ and inserting ‘‘2010’’ in 
subparagraph (D)(iii) (as redesignated by subsection 
(a)(3)), and 
(2) by adding at the end the following new sub-
paragraph: 
‘‘(I) SPECIAL
RULES
FOR
EXTENSION 
PROPERTY.— 
‘‘(i) TAXPAYERS PREVIOUSLY ELECT-
ING ACCELERATION.—In the case of a tax-
payer who made the election under sub-
paragraph (A) for its first taxable year 
ending after March 31, 2008— 
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‘‘(I) the taxpayer may elect not 
to have this paragraph apply to exten-
sion property, but 
‘‘(II) if the taxpayer does not 
make the election under subclause (I), 
in applying this paragraph to the tax-
payer a separate bonus depreciation 
amount, maximum amount, and max-
imum increase amount shall be com-
puted and applied to eligible qualified 
property which is extension property 
and to eligible qualified property 
which is not extension property. 
‘‘(ii) TAXPAYERS
NOT
PREVIOUSLY 
ELECTING ACCELERATION.—In the case of 
a taxpayer who did not make the election 
under subparagraph (A) for its first tax-
able year ending after March 31, 2008— 
‘‘(I) the taxpayer may elect to 
have this paragraph apply to its first 
taxable year ending after December 
31, 2009, and each subsequent tax-
able year, and 
‘‘(II) if the taxpayer makes the 
election under subclause (I), this 
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