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S. 1293

Invent and Manufacture in America Act

Invent and Manufacture in America Act

This bill amends the Internal Revenue Code, with respect to the research tax credit, to allow an increased credit for qualified domestic manufacturers. A "qualified domestic manufacturer" is a taxpayer who has domestic production gross receipts that are more than 50% of total gross receipts.

Read twice and referred to the Committee on Finance.

Sen. Coons, Christopher A. [D-DE](D-DE)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Invent and Manufacture in America Act — Informed