A bill to provide an incentive for businesses to bring jobs back to America.
Bring Jobs Home Act - Amends the Internal Revenue Code to: (1) grant business taxpayers a tax credit for up to 20% of insourcing expenses incurred for eliminating a business located outside the United States and relocating it within the United States, and (2) deny a tax deduction for outsourcing expenses incurred in relocating a U.S. business outside the United States. Requires an increase in the taxpayer's employment of full-time employees in the United States in order to claim the tax credit for insourcing expenses.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 442.
Motion to proceed to consideration of measure made in Senate. (consideration: CR S4885-4886)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5072-5074)
Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S5072; text: CR S5072)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5093, S5098, S5099-5101, S5105-5106, S5109-5111, S5114-5115, S5130)
Motion to proceed to consideration of measure made in Senate. (consideration: CR S5169, S5170, S5175, S5176, S5180-5181, S5181-5186, S5188-5190)
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 56 - 42. Record Vote Number: 181. (consideration: CR S5189; text: CR S5189)
Roll Call #181 (Senate)checking server…
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