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March 24: March 24: Kaptur Backs Small Business and Infrastructure Jobs Act

March 24, 2010

This provisions in the bill include:

  • Creating construction jobs by extending Build America Bonds, which provide funding to state and local gov ernments to rebuild schools, hospitals, and sewers in our communities;
  • Extending Recovery Zone Bonds for areas with high unemployment so that communities can invest in local infrastructure, job training programs, education, and economic development; and
  • Increasing the capital gains tax cut for those who invest in small businesses - giving our small businesses the new capital they need to grow and hire more workers.

The bill is fully paid for by cracking down on foreigncorporations that evade U.S.tax laws.

"This legislation is one more pieceof the ongoing effort to create jobs and put our economy on soundfooting for the future," said Congresswoman Kaptur.