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- H.R.3900
H.R.3900: Restore U.S. Manufacturing Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Oct. 18, 2007
- Latest Major Action Oct. 18, 2007
Bill Sponsor
Bill Cosponsor
Bill Summary
Restore U.S. Manufacturing Act of 2007 - Amends the Internal Revenue Code to allow a 100% tax deduction for qualified manufacturing activities income. Defines "qualified manufacturing activities income" as the excess of domestic manufacturing gross receipts over the cost of goods sold, and other expenses, losses, or deductions, properly allocable to such receipts.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Oct. 18, 2007 |
Introduced in the House by Duncan L. Hunter (R-Calif.) |