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- H.R.1737
H.R.1737: Manufacturing Reinvestment Account Act of 2013
About This Bill
- Introduced April 25, 2013
- Latest Major Action April 25, 2013
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
18 (15 Democrats, 3 Republicans)
Bill Summary
Manufacturing Reinvestment Account Act of 2013 - Amends the Internal Revenue Code to establish tax-exempt manufacturing reinvestment accounts (MRAs) for taxpayers engaged in a manufacturing business. Allows such manufacturers to make tax deductible cash payments into an MRA of the lesser of their domestic manufacturing gross receipts for the taxable year or $500,000. Permits expenditures from an MRA for expenses for property to be used in the...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 25, 2013 |
Referred to the House Committee on Ways and Means.
|
April 25, 2013 |
Introduced in the House by Rosa DeLauro (D-Conn.) |