S.2569 - Bring Jobs Home Act113th Congress (2013-2014)
|Sponsor:||Sen. Walsh, John E. [D-MT] (Introduced 07/08/2014)|
|Latest Action:||07/30/2014 Cloture on the measure not invoked in Senate by Yea-Nay Vote. 54 - 42. Record Vote Number: 249.|
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Summary: S.2569 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in Senate (07/08/2014)
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.