S. 3364 (112th): Bring Jobs Home Act

Introduced:
Jul 09, 2012 (112th Congress, 2011–2013)
Status:
Died (Failed Cloture)
Sponsor
Debbie Stabenow
Senator from Michigan
Party
Democrat
Text
Read Text »
Last Updated
Jul 09, 2012
Length
14 pages
Related Bills
S. 337 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Feb 14, 2013

S. 2884 (identical)

Referred to Committee
Last Action: May 08, 2012

 
Status

This bill was introduced in a previous session of Congress but was killed due to a failed vote for cloture, under a fast-track vote called "suspension", or while resolving differences on July 19, 2012.

Progress
Introduced Jul 09, 2012
Reported by Committee Jul 10, 2012
Failed Cloture Jul 19, 2012
 
Full Title

A bill to provide an incentive for businesses to bring jobs back to America.

Summary

No summaries available.

Votes
Jul 19, 2012 2:15 p.m.
Cloture on the Motion to Proceed Rejected 56/42

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


7/9/2012--Introduced.
Bring Jobs Home Act - 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. 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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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