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- H.R.2608
H.R.2608: Manufacturing Reinvestment Account Act of 2015
About This Bill
- Introduced June 2, 2015
- Latest Major Action June 2, 2015
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (7 Democrats, 1 Republican)
Bill Summary
Manufacturing Reinvestment Account Act of 2015 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 |
|---|---|
| June 2, 2015 |
Referred to the House Committee on Ways and Means.
|
| June 2, 2015 |
Introduced in the House by Rosa DeLauro (D-Conn.) |