H.R. 6120 (112th): Scaling Up Manufacturing Act of 2012

Introduced:
Jul 12, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Michael “Mike” Honda [D-CA15]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 616 on Feb 12, 2013. See H.R. 616 for current action on this subject.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on July 12, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 12, 2012
Referred to Committee Jul 12, 2012
Cosponsors
11 cosponsors (11D) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified manufacturing facility construction costs.

Summary

No summaries available.

Text

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Last updated Jul 12, 2012.
9 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

7/12/2012--Introduced.
Scaling Up Manufacturing Act of 2012 - Amends the Internal Revenue Code to allow certain start-up companies that are headquartered in the United States a tax credit for up to 25% of their costs for the construction of a manufacturing facility and for the purchase of specialized equipment for use at such facility.
Defines a "start-up company" as any corporation or partnership that:
(1) first has both gross receipts and qualified research expenses in a taxable year beginning after December 31, 2012, or
(2) has both gross receipts and qualified research expenses in fewer than three taxable years beginning after December 31, 2012, and before January 1, 2018.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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