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H.R.851: Bring Jobs Home Act

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about taxation
You can read the bill
Sponsor Bill Pascrell Jr., D-N.J.
Total Cosponsors 56 (All Democrats)
Introduced Feb. 27, 2013
Latest Major Action Feb. 27, 2013
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Bring Jobs Home Act - 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. 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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Feb. 27, 2013 Referred to the House Committee on Ways and Means.