Senate
Jul 30, 2014

A bill to provide an incentive for businesses to bring jobs back to America.

Summary

Official

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.

How would you vote on this bill?

Bill Progress

Bill has been introduced and assigned a number

Introduced(7/8/14)
Committee
Passed House
Passed Senate
President
Law

Sponsor

JW

Mr. Walsh

(D) MT

Cosponsors (20)

Topics

Latest Action

Cloture on the measure not invoked in Senate by Yea-Nay Vote. 54 - 42. Record Vote Number: 249. (consideration: CR S5082-5083; text: CR S5082)

Jul 30, 2014