H.R. 615
Market Based Manufacturing Incentives Act of 2013
Referred to the House Committee on Ways and Means.
Sponsor
Rep. Honda, Michael M. [D-CA-17]
Bill Details
- Update Date
- Nov 15, 2022
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 615
- Congress
- 113
- Introduced Date
- Feb 12, 2013
- Policy Area
- Taxation
- Is Law
- No
Referred to the House Committee on Ways and Means.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
Market Based Manufacturing Incentives Act of 2013 - Amends the Internal Revenue Code to allow a tax credit for the purchase (during a specified period of between 5 and 10 years based on the incentive needed with respect to each product) of new products certified as assembled in the United States and consisting of at least 60% of components assembled or otherwise arising in the United States. Directs the Congressional Budget Office (CBO) to report to Congress on the economic effects of such credit.
Establishes the 21st Century American Manufacturing Commission to conduct research to designate products eligible for the tax credit allowed by this Act.
Ways and Means Committee
Introduced in House
Feb 12, 2013