Jobs for America Act

Sponsor: DAVE CAMP (R-MI)

Jobs for America Act - Division I: Ways and Means - Title I: Save American Workers - Save American Workers Act of 2014 - (Sec. 102) Amends the Internal Revenue Code to redefine "full-time employee," for purposes of the mandate requiring employers to provide health care coverage for their employees, as an employee who is employed on average at least 40 hours of service a week (currently, at least 30 hours of service a week). Title II: Hire More Heroes - Hire More Heroes Act of 2014 - (Sec. 202) Amends the Internal Revenue Code to permit an employer, for purposes of determining whether such employer is an applicable large employer and thus required to provide health care coverage to its employees under the Patient Protection and Affordable Care Act, to exclude employees who have coverage under a health care program administered by the Department of Defense (DOD), including TRICARE, or the Department of Veterans Affairs (VA). Title III: American Research and Competitiveness - American Research and Competitiveness Act of 2014 - (Sec. 302) Amends the Internal Revenue Code, with respect to the tax credit for research expenses, to: (1) make the rate of such credit equal to the sum of 20% of so much of the qualified research expenses and payments as exceeds 50% of the expenses and payments for the three preceding taxable years and 20% of the amounts paid to any energy research consortium for energy research; and (2) make such credit, as revised by this Act, permanent.

Economics and Public Finance Topic assigned by the Congressional Research Service.