US HB615 | 2013-2014 | 113th Congress
Status
Sponsorship: Partisan Bill (Democrat 6)
Status: Introduced on February 12 2013 - 25% progression, died in committee
Action: 2013-02-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 12 2013 - 25% progression, died in committee
Action: 2013-02-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Market Based Manufacturing Incentives Act of 2013 - Amends the Internal Revenue Code to allow a tax credit for the purchase (during a specified period of between 5 and 10 years based on the incentive needed with respect to each product) of new products certified as assembled in the United States and consisting of at least 60% of components assembled or otherwise arising in the United States. Directs the Congressional Budget Office (CBO) to report to Congress on the economic effects of such credit. Establishes the 21st Century American Manufacturing Commission to conduct research to designate products eligible for the tax credit allowed by this Act.
Title
Market Based Manufacturing Incentives Act of 2013
Sponsors
| Rep. Michael Honda [D-CA] | Rep. David Cicilline [D-RI] | Rep. John Conyers [D-MI] | Rep. John Garamendi [D-CA] |
| Rep. Raul Grijalva [D-AZ] | Rep. Michael Michaud [D-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-02-12 | House | Referred to the House Committee on Ways and Means. |
Subjects
Advanced technology and technological innovations
Advisory bodies
Economic performance and conditions
Income tax credits
Manufacturing
Taxation
Advisory bodies
Economic performance and conditions
Income tax credits
Manufacturing
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/615/all-info |
| Text | https://www.congress.gov/113/bills/hr615/BILLS-113hr615ih.pdf |
