H.R.6611: Strengthen American Manufacturers Act of 2008

About This Bill

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 24, 2008

Introduced in the House by Christopher Carney (D-Pa.)

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