I 
111TH CONGRESS 
1ST SESSION H. R. 4100 
To amend the Internal Revenue Code of 1986 to provide individual and 
corporate income tax relief, to reduce the employee share of payroll 
taxes, and to rescind unobligated stimulus funds, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
NOVEMBER 18, 2009 
Mr. BROUN of Georgia (for himself, Mr. GOHMERT, Mr. HALL of Texas, Ms. 
GRANGER, Mr. COLE, Mr. FRANKS of Arizona, Mr. SHADEGG, Mr. 
BISHOP of Utah, Mr. MARCHANT, and Mr. POSEY) introduced the fol-
lowing bill; which was referred to the Committee on Ways and Means, 
and in addition to the Committee on Appropriations, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
of such provisions as fall within the jurisdiction of the committee con-
cerned 
A BILL 
To amend the Internal Revenue Code of 1986 to provide 
individual and corporate income tax relief, to reduce the 
employee share of payroll taxes, and to rescind unobli-
gated stimulus funds, 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. 
This Act may be cited as the ‘‘Jumpstarting Our 
Business Sector Act of 2009’’. 
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SEC. 2. CAPITAL GAINS TAX RELIEF. 
(a) IN GENERAL.—Part III of subchapter B of chap-
ter 1 of the Internal Revenue Code of 1986 is amended 
by adding at the end the following new section: 
‘‘SEC. 139D. TEMPORARY EXCLUSION OF CERTAIN DIVI-
DENDS AND LONG-TERM CAPITAL GAINS. 
‘‘In the case of taxable years beginning in 2009 and 
2010, gross income shall not include— 
‘‘(1) gain from the sale or exchange of a capital 
asset held for more than 1 year, and 
‘‘(2) any qualified dividend income (as defined 
in section 1(h)(11)(B), determined without regard to 
clause (ii)(IV) thereof and without regard to section 
303 of the Jobs and Growth Tax Relief Reconcili-
ation Act of 2003).’’. 
(b) CONFORMING AMENDMENT.—Clause (ii) of sec-
tion 1(h)(11)(B) of such Code is amended by striking 
‘‘and’’ at the end of subclause (II), by striking the period 
at the end of subclause (III) and inserting ‘‘, and’’, and 
by adding at the end the following new subclause: 
‘‘(IV) any dividend excluded from 
gross income under section 139D.’’. 
(c) CLERICAL AMENDMENT.—Part III of subchapter 
B of chapter 1 of such Code is amended by inserting after 
the item relating to section 139C the following new item: 
‘‘139D. Temporary exclusion of certain dividends and long-term capital gains.’’. 
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(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2008. 
SEC. 3. TEMPORARY REDUCTION OF EMPLOYMENT TAXES. 
(a) TAX ON EMPLOYEES.—Section 3101 of the Inter-
nal Revenue Code of 1986 is amended by adding at the 
end the following new subsection: 
‘‘(d) TEMPORARY REDUCTION.—In the case of remu-
neration paid not later than 2 years after the date of the 
enactment of this subsection— 
‘‘(1) subsection (a) shall be applied by sub-
stituting ‘3.1’ for ‘6.2’, and 
‘‘(2) subsection (b) shall be applied by sub-
stituting ‘0.725’ for ‘1.45’.’’. 
(b) TAX
ON
SELF-EMPLOYED
INCOME.—Section 
1401 of such Code is amended by adding at the end the 
following new subsection: 
‘‘(c) TEMPORARY REDUCTION.—In the case of self- 
employment income derived not later than 2 years after 
the date of the enactment of this subsection— 
‘‘(1) subsection (a) shall be applied by sub-
stituting ‘6.2’ for ‘12.40’, and 
‘‘(2) subsection (b) shall be applied by sub-
stituting ‘1.45’ for ‘2.90’.’’. 
(c) EFFECTIVE DATES.— 
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(1) The amendment made by subsection (a) 
shall apply to remuneration received on or after the 
first January 1 after the date of the enactment of 
this Act. 
(2) The amendment made by subsection (b) 
shall apply to self-employment income derived on or 
after the first January 1 after the date of the enact-
ment of this Act. 
SEC. 4. REDUCTION IN CORPORATE MARGINAL INCOME 
TAX RATES. 
(a) IN GENERAL.—Subsection (b) of section 11 of the 
Internal Revenue Code of 1986 is amended by adding at 
the end the following new paragraph: 
‘‘(3) REDUCED
TEMPORARY
RATES.—In the 
case of taxable years beginning in 2009 and 2010— 
‘‘(A) IN GENERAL.—Notwithstanding para-
graph (1), the amount of tax imposed by sub-
section (a) shall be the sum of— 
‘‘(i) 15 percent of so much of the tax-
able income as does not exceed $50,000, 
and 
‘‘(ii) 25 percent of so much of the tax-
able income as exceeds $75,000. 
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‘‘(B) CERTAIN
PERSONAL
SERVICE
COR-
PORATIONS.—Paragraph (2) shall be applied by 
substituting ‘25 percent’ for ‘35 percent’.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2008. 
SEC. 5. RATE REDUCTIONS FOR 2009 AND 2010. 
Subsection (i) of section 1 of the Internal Revenue 
Code of 1986 is amended by adding at the end the fol-
lowing new paragraph: 
‘‘(4) TEMPORARY RATE REDUCTIONS FOR 2009 
AND 2010.—In the case of taxable years beginning 
after December 31, 2008, and before January 1, 
2011— 
‘‘(A) paragraph (1)(A)(i) shall be applied 
by substituting ‘5 percent’ for ‘10 percent’, and 
‘‘(B) notwithstanding paragraph (1)(A)(ii), 
the rate of tax under subsections (a), (b), (c), 
and (d) on taxable income over the initial 
bracket amount (as defined in such paragraph) 
but not over the maximum bracket amount for 
the 15-percent rate bracket shall be 10 per-
cent.’’. 
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SEC. 6. RESCISSION OF UNOBLIGATED STIMULUS FUNDS. 
Effective on the date of the enactment of this Act, 
there are rescinded all unobligated balances of the discre-
tionary appropriations made available by division A of the 
American Recovery and Reinvestment Act of 2009 (Public 
Law 111–5). 
Æ 
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