S.247: Bring Jobs Home Act

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Bill Version

Bill Summary

Bring Jobs Home Act This bill 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. The bill requires an increase in the taxpayer's employment of...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.247.

Bill Actions

Date Description
Jan. 30, 2017
Read twice and referred to the Committee on Finance.
Jan. 30, 2017

Introduced in the Senate by Debbie Stabenow (D-Mich.)

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