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S 2884 112th Congress Senate

Bring Jobs Home Act

Official title: A bill to provide an incentive for businesses to bring jobs back to America.

Introduced: July 16, 2012 See on congress.gov
Taxation Business investment and capitalEmployee hiringForeign and international corporationsIncome tax credits
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Income tax deductionsTaxation 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
May 8, 2012
Read twice and referred to the Committee on Finance.
May 8, 2012
Introduced in Senate
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 Latest action May 8, 2012

Read twice and referred to the Committee on Finance.

 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.

 Related & companion bills 3
  • HR 5542 Related bill Bring Jobs Home Act
  • HR 6152 Related bill Bring Jobs Home Act
  • S 3364 Identical bill Bring Jobs Home Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 6
D
Blumenthal, Richard
Connecticut · Jul 16, 2012
 D
Durbin, Richard J.
Illinois · Jun 28, 2012
 D
Merkley, Jeff
Oregon · Jun 28, 2012
 D
Schumer, Charles E.
New York · Jun 12, 2012
 D
Coons, Christopher A.
Delaware · May 9, 2012
 D
Whitehouse, Sheldon
Rhode Island · May 8, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2884: Bring Jobs Home Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-2884/
MLA
"S. 2884: Bring Jobs Home Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-2884/.
Bluebook (legal)
S. 2884, 112th Cong. (2026), https://openamerica.io/bill/112-S-2884/.
Markdown link
[S. 2884: Bring Jobs Home Act](https://openamerica.io/bill/112-S-2884/)
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