Bill113th Congress

H.R. 851

Bring Jobs Home Act

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Introduced
Feb 27, 2013
Origin Chamber
House
Policy Area
Taxation
Latest Action
Feb 27, 2013
Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Rep. Pascrell, Bill, Jr. [D-NJ-9]

Democrat·NJ-9
Bioguide ID: P000096
First Name: WILLIAM
Middle Name: J.
Last Name: PASCRELL
By Request: N
56
Cosponsors
1
Committees
3
Actions
0
Amendments
4
Related Bills
7
Subjects
1
Summaries
3
Titles
1
Text Versions

Bill Details

Update Date
Sep 27, 2021
Origin Chamber
House
Bill Type
HR
Bill Number
851
Congress
113
Introduced Date
Feb 27, 2013
Policy Area
Taxation
Is Law
No
Feb 27, 2013IntroReferralH11100

Referred to the House Committee on Ways and Means.

Source: House floor actions

Feb 27, 2013IntroReferralIntro-H

Introduced in House

Source: Library of Congress

Feb 27, 2013IntroReferral1000

Introduced in House

Source: Library of Congress

Introduced in House· Feb 27, 20130

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.

Ways and Means Committee

House· Standing
Business investment and capitalEmployee hiringForeign and international corporationsIncome tax creditsIncome tax deductionsTaxation of foreign incomeU.S. territories and protectorates

Introduced in House

Feb 27, 2013

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Bring Jobs Home Act — Informed