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United States · Bill · S

S. 1964 (108th)

MORE JOBS Act

referredUnited States· United States Congress· EN

Introduced

25 November 2003

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Manufacturing Opportunities to Revitalize our Economy's JOBS Act - MORE JOBS Act - Amends the Internal Revenue Code to repeal the exclusion from gross income of extraterritorial income (gross income attributable to foreign trading gross receipts). Allows a deduction equal to nine percent of the qualified domestic production activities income, up to 50 percent of the W-2 wages paid by the employer for the taxable year.

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Documents

3 official files

Introduced in Senate (text)

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