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United States · Bill · HR

H.R. 3648 (103rd)

Jobs Friendly America Act

referredUnited States· United States Congress· EN

Introduced

22 November 1993

Last action

22 November 1993 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Hunter, Duncan [R-CA-45], Rep. Everett, Terry [R-AL-2], Marcy Kaptur, Rep. Traficant, James A., Jr. [D-OH-17]

Subjects

Taxation

Source updated

26 August 2025

Taxation

Summary

Jobs Friendly America Act - Amends the Internal Revenue Code to allow accelerated depreciation for equipment used by any corporation having a majority of its manufacturing equipment in the United States. Reduces corporate and individual capital gains rates. Repeals the deferral on earnings of controlled foreign corporations invested in excess passive assets.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 November 1993

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 22 November 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 November 1993

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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