Manufacturing Economic Recovery Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 7, 2017)
Manufacturing Economic Recovery Act of 2017
This bill amends the Internal Revenue Code to allow: (1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area or an extremely economically disadvantaged area; (2) an additional investment tax credit for manufacturing property; and (3) a permanent work opportunity tax credit for hiring a full-time employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.
What just happenedSep 7, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseSep 7, 2017
- Sep 7, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 7, 2017IntroReferralIntro-H
Introduced in House
- Sep 7, 2017IntroReferral1000
Introduced in House