US SB234 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Democrat 7)
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 24 2017 - 25% progression, died in committee
Action: 2017-01-24 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
End Outsourcing Act This bill modifies provisions of tax, labor, and federal contracting laws related to the outsourcing of jobs. The bill amends the Worker Adjustment and Retraining Notification Act to require employers to include an outsourcing statement in the notice that must be provided to employees, state dislocated worker units, and local governments prior to plant closings and mass layoffs. The statement must specify whether part or all of the positions held by affected employees will be moved outside of the United States, regardless of whether the positions are moved within the business enterprise involved or to another business enterprise. The Department of Labor must publish on its website a list of employers that have included an outsourcing statement in the notice or have incurred liability for failing to provide the required notice. The bill also amends the Internal Revenue Code to: deny certain tax deductions and accounting methods for outsourcing employers; require the recapture of certain tax credits and grants that were provided to outsourcing employers and were related to the design, construction, operation, or maintenance of an outsourced facility; and 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 if there is an increase in the taxpayer's employment of full-time employees in the United States. Federal contracting officers must: (1) require contractors submitting bids or proposals to disclose specified details regarding the outsourcing of jobs, and (2) take the disclosure into account in awarding contracts.
Title
End Outsourcing Act
Sponsors
| Sen. Joe Donnelly [D-IN] | Sen. Kirsten Gillibrand [D-NY] | Sen. Sherrod Brown [D-OH] | Sen. Gary Peters [D-MI] |
| Sen. Debbie Stabenow [D-MI] | Sen. Charles Schumer [D-NY] | Sen. Tammy Baldwin [D-WI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-24 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB685 (Related) 2017-01-24 - Referred to the House Committee on Ways and Means.
SB247 (Related) 2017-01-30 - Read twice and referred to the Committee on Finance.
HB4139 (Same As) 2017-10-26 - Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Armed Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB247 (Related) 2017-01-30 - Read twice and referred to the Committee on Finance.
HB4139 (Same As) 2017-10-26 - Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, Armed Services, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Subjects
Accounting and auditing
Administrative law and regulatory procedures
Business investment and capital
Congressional oversight
Employee hiring
Foreign and international corporations
Government studies and investigations
Income tax credits
Income tax deductions
Labor-management relations
Military procurement, research, weapons development
Office of Management and Budget (OMB)
Public contracts and procurement
Taxation
Taxation of foreign income
U.S. territories and protectorates
Unemployment
Administrative law and regulatory procedures
Business investment and capital
Congressional oversight
Employee hiring
Foreign and international corporations
Government studies and investigations
Income tax credits
Income tax deductions
Labor-management relations
Military procurement, research, weapons development
Office of Management and Budget (OMB)
Public contracts and procurement
Taxation
Taxation of foreign income
U.S. territories and protectorates
Unemployment
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/234/all-info |
| Text | https://www.congress.gov/115/bills/s234/BILLS-115s234is.pdf |
