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S. 337

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 twice and referred to the Committee on Finance.

Sen. Stabenow, Debbie [D-MI](D-MI)Sponsor
10 cosponsors10 D
10cosponsors1committees2actions4related bills7subjects
  • Introduced in SenateFeb 14, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Bring Jobs Home Act — Informed