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HR 2780 112th Congress House Taxation Contracts and agency Income tax deductions Manufacturing

To amend the Internal Revenue Code of 1986 to clarify the domestic production activities deduction rules relating to allowance of deduction by United States contract manufacturers.

Introduced: August 1, 2011 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2011
Referred to the House Committee on Ways and Means.
Aug 1, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code, with respect to regulations governing the tax deduction for income attributable to domestic production activities, to specify that such regulations shall be written to prevent more than one taxpayer from being allowed a deduction with respect to the same qualified production activities income derived from any activity qualifying for a tax deduction.

What's happening now August 1, 2011

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1