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HR 6152 112th Congress House

Bring Jobs Home Act

Official title: To amend the Internal Revenue Code of 1986 to encourage domestic insourcing and discourage foreign outsourcing, and for other purposes.

Introduced: July 19, 2012 See on congress.gov
Taxation Business investment and capitalCapital gains taxCorporate finance and managementEmployee hiring
More subjectsShow fewer subjects
Foreign and international corporationsIncome tax creditsIncome tax deductionsIncome tax exclusionSecuritiesTaxation of foreign incomeU.S. territories and protectorates
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 19, 2012
Referred to the House Committee on Ways and Means.
Jul 19, 2012
Introduced in House
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 Latest action July 19, 2012

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

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.

Allows nonrecognition of gain in a corporate reorganization for corporations that exchange property solely for stock other than nonqualified preferred stock.

 Related & companion bills 4
  • S 3364 Related bill Bring Jobs Home Act
  • HR 2604 Related bill To amend the Internal Revenue Code of 1986 to provide for the treatment of securities of a controlled corporation excha…
  • HR 5542 Related bill Bring Jobs Home Act
  • S 2884 Related bill Bring Jobs Home Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Democratic 4
BECERRA, XAVIER
· Jul 19, 2012
BERKLEY, SHELLEY
· Jul 19, 2012
CROWLEY, JOSEPH
· Jul 19, 2012
 D
Doggett, Lloyd
Texas · Jul 19, 2012
 D
Larson, John B.
Connecticut · Jul 19, 2012
LEVIN, SANDER
· Jul 19, 2012
LEWIS, JOHN
· Jul 19, 2012
 D
Neal, Richard E.
Massachusetts · Jul 19, 2012
 D
Thompson, Mike
California · Jul 19, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6152: Bring Jobs Home Act. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6152/
MLA
"H.R. 6152: Bring Jobs Home Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6152/.
Bluebook (legal)
H.R. 6152, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6152/.
Markdown link
[H.R. 6152: Bring Jobs Home Act](https://openamerica.io/bill/112-HR-6152/)
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