GRF News

Special Report: President Signs 2012 Payroll Tax Holiday Extension

Feb 24, 2012

President Obama on February 22, 2012, signed into law a much-anticipated extension of the employee-side payroll tax cut through the end of 2012. After weeks of uncertainty over whether an agreement could be reached, the House passed the Middle Class Tax Relief and Job Creation Act of 2012 (H.R. 3630) on February 17. Senate approval quickly followed.

Download this special report about the new act.