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- S.3425
S.3425: End Outsourcing Act
About This Bill
- Introduced March 10, 2020
- Latest Major Action March 10, 2020
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - March 10, 2020
Bill Summary
End Outsourcing Act This bill addresses the outsourcing (transfer) of jobs and companies from the United States to low-tax foreign jurisdictions. The bill (1) requires employers to include an outsourcing statement in worker adjustment and retraining notices; (2) denies employers a tax deduction for outsourcing expenses, including license fees and equipment installation costs; (3) allows a tax credit for similar insourcing expenses; (4) denies...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 10, 2020 |
Read twice and referred to the Committee on Finance.
|
| March 10, 2020 |
Introduced in the Senate by Kirsten E. Gillibrand (D-N.Y.) |