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United States · Bill · S

S. 247 (115th)

Bring Jobs Home Act

referredUnited States· United States Congress· EN

Introduced

30 January 2017

Last action

30 January 2017 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Stabenow, Debbie [D-MI], Sen. Whitehouse, Sheldon [D-RI], Sen. Baldwin, Tammy [D-WI], Sen. Shaheen, Jeanne [D-NH], Sen. Reed, Jack [D-RI], Sen. Blumenthal, Richard [D-CT], Sen. Klobuchar, Amy [D-MN], Sen. Brown, Sherrod [D-OH], Sen. Durbin, Richard J. [D-IL], Sen. McCaskill, Claire [D-MO], Sen. Gillibrand, Kirsten E. [D-NY], Sen. Peters, Gary C. [D-MI], Sen. Menendez, Robert [D-NJ], Sen. Franken, Al [D-MN], Sen. Casey, Robert P., Jr. [D-PA], Sen. Feinstein, Dianne [D-CA], Sen. Donnelly, Joe [D-IN], Sen. Warren, Elizabeth [D-MA]

Subjects

Taxation

Source updated

14 January 2026

Taxation

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 full-time employees in the United States in order to claim the tax credit for insourcing expenses.

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

Timeline

  1. 30 January 2017

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 30 January 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 30 January 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 30 January 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 30 January 2017

    Open at official source

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Sponsors

Related records

Sources

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