Voting Record for Massa of New York-NY Voting Record on Legislation that Involves Labor
House of Representatives
Eric Massa : Next Election Year:
Education: United States Naval Academy, 1981
Profession: Professional Staff Member, House Armed Services Committee
Automotive Environmental Division, Corning Incorporated
Photonics Division, Corning Incorporated
Naval Officer, United States Navy
(2010) HR 2847 Employment, Infrastructure, and Transportation Appropriations and Tax Credits ("Senate Jobs Bill")
Outcome: Concurrence Vote Passed (217/201)
Summary: -Specifies that most employers will not be required to pay an excise tax for the second, third, and fourth calendar quarters of 2010 on wages for employees who began employment between February 3, 2010 and December 31, 2010, with the following conditions (Sec. 101):
-The employer must provide a signed affidavit that employees have not worked more than 40 hours a week in the 60 days prior to employment;
-The employee was not hired to replace a worker that was fired; and
-The employee is not a corporation, nor owns either directly or indirectly more than 50 percent of the company's capital.
-Specifies that, on payroll taxes paid during the first quarter, amounts that could have otherwise been credited shall be treated as payments against first quarter payroll taxes (Sec. 101).
-Specifies that Railroad Retirement taxes shall apply to any employee who began employment between February 3, 2010 and December 31, 2010 at a rate of 1.45 percent of wages paid by the employer (Sec. 101).
-Increases the current year business tax credit for employers that have retained workers for at least 52 consecutive weeks by the lesser of the following (Sec. 102):
-$1,000; or
-6.2 times the amount of wages paid by the employer to workers.
-Specifies that issuers of qualified zone academy bonds and qualified school construction zone bonds may elect to apply for a tax credit, and a credit shall be the lesser of (Sec. 301):
-The amount of interest payable under the bond; or
-The amount of interest that would have been payable under the bond if such interest is subject to an applicable credit rate under Section 54A of the Internal Revenue Code.
-Specifies that issuers of clean energy bonds and qualified energy conservation bonds may elect to apply for a tax credit, and that the credit shall be 70 percent of the amount of interest payable under the bond (Sec. 301).
-Requires 10 percent of funds made available for projects funded under Titles I, III and V of the Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA-LU) and any conforming provisions in this act shall go to businesses owned and controlled by "socially and economically disadvantaged individuals" (Sec. 451).
-Requires states to compile a list of businesses owned and controlled by "socially and economically disadvantaged individuals" (Sec. 451).
-Specifies that a "socially and economically disadvantaged" individual includes, but is not limited to, Native Americans, Native Hawaiians, and women (Sec. 451).
-Specifies corporate estimated tax for corporations with $1 billion or more in assets shall be calculated as follows (Sec. 561):
-Any required installment that is otherwise due in July, August, or September of 2009 shall be 123.25 percent of such amount;
-Any required installment that is otherwise due in July, August, or September of 2015 shall be 121.5 percent of such amount;
-Any required installment that is otherwise due in July, August, or September of 2019 shall be 106.5 percent of such amount; and
-Any future installments shall be reduced appropriately.
-Specifies that PAYGO compliance for this act is required (Sec. 562).
