AHLSTARZ Tax and Accounting Service -- Numbers, Simplified.

The House approved an amended version of the Senate-passed Hiring Incentives to Restore Employment (HIRE) Bill (HR 2847) on March 4. Lawmakers approved the measure by a vote of 217-to-201, after making minor changes to the legislation. The bill's chief difference with its Senate counterpart is that it would raise $9.9 billion by delaying until 2020 the implementation of worldwide allocation of interest rules. The Senate passed its version of the jobs bill on February 24 (TAXDAY, 2010/02/25, C.1) and is expected to take action on the latest House version during the week of March 8.