H.R.6611 - Strengthen American Manufacturers Act of 2008110th Congress (2007-2008)
|Sponsor:||Rep. Carney, Christopher P. [D-PA-10] (Introduced 07/24/2008)|
|Committees:||House - Ways and Means|
|Latest Action:||07/24/2008 Referred to the House Committee on Ways and Means. (All Actions)|
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Summary: H.R.6611 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (07/24/2008)
Strengthen American Manufacturers Act of 2008 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase to 20% the rate of the alternative simplified tax credit for research expenses; (3) make permanent the increased expensing allowance for depreciable business property; and (4) reduce to 30% the maximum income tax rate for corporations.
Directs the Comptroller General to conduct studies of: (1) the impact of workplace employee health care facilities on employee health and and productivity; and (2) the best practices for encouraging college graduates from rural areas to return to those areas after graduation.