US SB3364 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on July 9 2012 - 25% progression, died in chamber
Action: 2012-07-19 - Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 56 - 42. Record Vote Number: 181. (consideration: CR S5189; text: CR S5189)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 9 2012 - 25% progression, died in chamber
Action: 2012-07-19 - Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 56 - 42. Record Vote Number: 181. (consideration: CR S5189; text: CR S5189)
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Bring Jobs Home Act
Sponsors
Sen. Debbie Stabenow [D-MI] | Sen. Richard Blumenthal [D-CT] | Sen. Sherrod Brown [D-OH] | Sen. Benjamin Cardin [D-MD] |
Sen. Robert Casey [D-PA] | Sen. Christopher Coons [D-DE] | Sen. Richard Durbin [D-IL] | Sen. Al Franken [D-MN] |
Sen. Kirsten Gillibrand [D-NY] | Sen. Amy Klobuchar [D-MN] | Sen. Claire McCaskill [D-MO] | Sen. Jeff Merkley [D-OR] |
Sen. Barbara Mikulski [D-MD] | Sen. John Rockefeller [D-WV] | Sen. Charles Schumer [D-NY] | Sen. Sheldon Whitehouse [D-RI] |
Roll Calls
2012-07-19 - Senate - On Cloture on the Motion to Proceed S. 3364 (Y: 56 N: 42 NV: 2 Abs: 0) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2012-07-19 | Senate | Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 56 - 42. Record Vote Number: 181. (consideration: CR S5189; text: CR S5189) |
2012-07-19 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S5169, S5170, S5175, S5176, S5180-5181, S5181-5186, S5188-5190) |
2012-07-18 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S5093, S5098, S5099-5101, S5105-5106, S5109-5111, S5114-5115, S5130) |
2012-07-17 | Senate | Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S5072; text: CR S5072) |
2012-07-17 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S5072-5074) |
2012-07-11 | Senate | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4885-4886) |
2012-07-10 | Senate | Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 442. |
2012-07-09 | Senate | Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. |
Same As/Similar To
HB5542 (Related) 2012-05-08 - Referred to the House Committee on Ways and Means.
SB2884 (Same As) 2012-05-08 - Read twice and referred to the Committee on Finance.
HB6152 (Related) 2012-07-19 - Referred to the House Committee on Ways and Means.
SB2884 (Same As) 2012-05-08 - Read twice and referred to the Committee on Finance.
HB6152 (Related) 2012-07-19 - Referred to the House Committee on Ways and Means.
Subjects
Business investment and capital
Employee hiring
Foreign and international corporations
Income tax credits
Income tax deductions
Taxation
Taxation of foreign income
U.S. territories and protectorates
Employee hiring
Foreign and international corporations
Income tax credits
Income tax deductions
Taxation
Taxation of foreign income
U.S. territories and protectorates