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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Bring Jobs Home Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to encourage domestic insourcing and discourage foreign outsourcing.


Actions Overview (1)

Date
01/24/2017 Introduced in House

All Actions (2)

Date
01/24/2017 Referred to the House Committee on Ways and Means.
Action By: House of Representatives
01/24/2017 Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means01/24/2017 Referred to

Related Bills (3)

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.

Subjects (8)

  • Business investment and capital
  • Employee hiring
  • Foreign and international corporations
  • Income tax credits
  • Income tax deductions
  • Taxation of foreign income
  • U.S. territories and protectorates

Latest Summary (1)

There is one summary for H.R.685. View summaries

Shown Here:
Introduced in House (01/24/2017)

Bring Jobs Home Act

This bill 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. The bill 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.