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HR 2963 114th Congress House

Bring Jobs Home Act

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

Introduced: July 27, 2015 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 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 8, 2015
Referred to the House Committee on Ways and Means.
Jul 8, 2015
Introduced in House
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 Latest action July 8, 2015

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.

 Related & companion bills 1
  • S 1737 Related bill Bring Jobs Home Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 17
All 17 Democratic 15
D
Scott, Robert C. "Bobby"
Virginia · Jul 6, 2016
 D
Jeffries, Hakeem S.
New York · Jul 5, 2016
 D
DeLauro, Rosa L.
Connecticut · Jun 22, 2016
 D
McGovern, James P.
Massachusetts · Jun 16, 2016
 D
Nadler, Jerrold
New York · Jun 16, 2016
 D
Courtney, Joe
Connecticut · Jun 13, 2016
VISCLOSKY, PETER
· Feb 26, 2016
 D
Pallone, Frank
New Jersey · Sep 22, 2015
 D
Chu, Judy
California · Jul 27, 2015
 D
Garamendi, John
California · Jul 27, 2015
 D
Kaptur, Marcy
Ohio · Jul 27, 2015
BECERRA, XAVIER
· Jul 8, 2015
 D
Brownley, Julia
California · Jul 8, 2015
 D
Larson, John B.
Connecticut · Jul 8, 2015
 D
Neal, Richard E.
Massachusetts · Jul 8, 2015
 D
Norton, Eleanor Holmes
District of Columbia · Jul 8, 2015
 D
Takano, Mark
California · Jul 8, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2963: Bring Jobs Home Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-2963/
MLA
"H.R. 2963: Bring Jobs Home Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-2963/.
Bluebook (legal)
H.R. 2963, 114th Cong. (2026), https://openamerica.io/bill/114-HR-2963/.
Markdown link
[H.R. 2963: Bring Jobs Home Act](https://openamerica.io/bill/114-HR-2963/)
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