Summary

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

Introduced in Senate
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.



                        

Actions

  • Read twice and referred to the Committee on Finance.

    Jan 30th, 2017
  • Introduced in Senate

    Jan 30th, 2017