H.R. 6487 (112th): Manufacturing Economic Recovery Act of 2012

Introduced:
Sep 21, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. David McKinley [R-WV1]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 1522 on Apr 12, 2013. See H.R. 1522 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 September 21, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Sep 21, 2012
Referred to Committee Sep 21, 2012
Cosponsors
3 cosponsors (3D) (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 provide incentives for the expansion of manufacturing in the United States.

Summary

No summaries available.

Text

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Last updated Sep 21, 2012.
11 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.

9/21/2012--Introduced.
Manufacturing Economic Recovery Act of 2012 - Amends the Internal Revenue Code to allow:
(1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area and an extremely economically disadvantaged area;
(2) an additional investment tax credit for manufacturing property; and
(3) a work opportunity tax credit for hiring an employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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