S 1293
115th Congress
Senate
Taxation
Income tax credits
Manufacturing
Research and development
Invent and Manufacture in America Act
Introduced: June 6, 2017
Introduced by:
Coons, Christopher A.
Democratic
· Delaware
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2017
Read twice and referred to the Committee on Finance.
Jun 6, 2017
Introduced in Senate
Plain-English summary
Invent and Manufacture in America Act
This bill amends the Internal Revenue Code, with respect to the research tax credit, to allow an increased credit for qualified domestic manufacturers. A "qualified domestic manufacturer" is a taxpayer who has domestic production gross receipts that are more than 50% of total gross receipts.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1