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S. 2562

Bring Jobs Home Act

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.

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 451.

Sen. Stabenow, Debbie [D-MI](D-MI)Sponsor
21 cosponsors21 D
21cosponsors3actions4related bills7subjects
  • Placed on Calendar SenateJul 7, 2014
  1. Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 451.

  2. Calendars

    Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. IntroReferral10000

    Introduced in Senate

Bring Jobs Home Act — Informed