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To amend the Internal Revenue Code of 1986 to provide incentives for the expansion of manufacturing in the United States.

USA115th CongressHR-3702| House 
| Updated: 9/7/2017
David B. McKinley

David B. McKinley

Republican Representative

West Virginia

Cosponsors (1)
Bobby L. Rush (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Manufacturing Economic Recovery Act of 201 7 This bill amends the Internal Revenue Code to allow: (1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area or an extremely economically disadvantaged area; (2) an additional investment tax credit for manufacturing property; and (3) a permanent work opportunity tax credit for hiring a full-time employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.
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Timeline
Sep 7, 2017
Introduced in House
Sep 7, 2017
Referred to the House Committee on Ways and Means.
  • September 7, 2017
    Introduced in House


  • September 7, 2017
    Referred to the House Committee on Ways and Means.

Taxation

Business investment and capitalEconomic developmentEmployee hiringIncome tax creditsManufacturing

To amend the Internal Revenue Code of 1986 to provide incentives for the expansion of manufacturing in the United States.

USA115th CongressHR-3702| House 
| Updated: 9/7/2017
Manufacturing Economic Recovery Act of 201 7 This bill amends the Internal Revenue Code to allow: (1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area or an extremely economically disadvantaged area; (2) an additional investment tax credit for manufacturing property; and (3) a permanent work opportunity tax credit for hiring a full-time employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 7, 2017
Introduced in House
Sep 7, 2017
Referred to the House Committee on Ways and Means.
  • September 7, 2017
    Introduced in House


  • September 7, 2017
    Referred to the House Committee on Ways and Means.
David B. McKinley

David B. McKinley

Republican Representative

West Virginia

Cosponsors (1)
Bobby L. Rush (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business investment and capitalEconomic developmentEmployee hiringIncome tax creditsManufacturing