Ask AI
H.R. 3068

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.

Referred to the House Committee on Ways and Means.

Rep. Kelly, Mike [R-PA-3](R-PA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills3subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Invent and Manufacture in America Act — Informed