H.R. 929: Patriot Corporations of America Act of 2013

Introduced:
Feb 28, 2013
Status:
Referred to Committee
Prognosis
0% chance of being enacted
Track this bill
Sponsor
Janice “Jan” Schakowsky
Representative for Illinois's 9th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Feb 28, 2013
Length
7 pages
Related Bills
H.R. 1163 (112th) was a previous version of this bill.

Referred to Committee
Last Action: Mar 17, 2011

 
Status

This bill was assigned to a congressional committee on February 28, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Feb 28, 2013
Referred to Committee Feb 28, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

1% chance of getting past committee.
0% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

 
Full Title

To provide Federal contracting preferences for, and a reduction in the rate of income tax imposed on, Patriot corporations, and for other purposes.

Summary

No summaries available.

Cosponsors
4 cosponsors (4D) (show)
Committees

House Oversight and Government Reform

House Ways and Means

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

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives 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.


2/28/2013--Introduced.
Patriot Corporations of America Act of 2013 - Grants after 2013 a preference to Patriot corporations in the evaluation of bids or proposals for federal contracts.
Defines "Patriot corporation" as a corporation which:
(1) produces at least 90% of its goods and services in the United States;
(2) does not pay its its management-level employees at a rate more than 10,000% of the compensation of its lowest paid employee;
(3) conducts at least 50% of its research and development in the United States;
(4) contributes at least 5% of its payroll to a portable pension fund for its employees;
(5) pays at least 70% of its employees' health insurance costs;
(6) maintains a policy of neutrality in employee organizing drives;
(7) provides full differential salary and insurance benefits for all National Guard and Reserve employees who are called to active duty; and
(8) has not violated federal regulations, including regulations relating to the environment, workplace safety, labor relations, and consumer protections.
Amends the Internal Revenue Code to: (1) reduce the income tax rate for Patriot corporations, and (2) reclassify foreign corporations created or organized to avoid federal taxation as domestic corporations for income tax purposes.

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

The House Democratic Caucus does not provide summaries of bills.

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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