Bring Jobs Home Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 9, 2015)
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.
What just happenedJul 9, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateJul 9, 2015
- Jul 9, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 9, 2015IntroReferral10000
Introduced in Senate