US Congress House Bill 3702 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on September 7 2017 - 25% progression, died in committee
Action: 2017-09-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Manufacturing Economic Recovery Act of 2017 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.

Manufacturing Economic Recovery Act of 2017

Rep. David McKinley [R-WV]

Rep. Bobby Rush [D-IL]

Date	Chamber	Action
2017-09-07	House	Referred to the House Committee on Ways and Means.
2017-09-07	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/3702/all-info
Text	https://www.congress.gov/115/bills/hr3702/BILLS-115hr3702ih.pdf