3.0.0 1163 2023-01-11T13:20:18Z 2023-01-11T13:20:18Z House H HR 2011-03-17 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. SCHAKOWSKY:H.R. 1163.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3. The Congress shall havePower--To regulate Commerce with foreign Nations, and amongthe several States, and with the Indian Tribes.Article I, Section 8, Clause 1. The Congress shall havePower to lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Defence andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States.[Page H1986]]]> hsgo00 Oversight and Accountability Committee House Standing hsgo30 Technology, Information Policy, Intergovernmental Relations and Procurement Reform Subcommittee Referred to 2011-04-01T18:07:25Z Referred to 2011-03-17T13:07:45Z hswm00 Ways and Means Committee House Standing Referred to 2011-03-17T13:07:40Z 2011-04-01 hsgo30 Technology, Information Policy, Intergovernmental Relations and Procurement Reform Subcommittee 1 House committee actions Referred to the Subcommittee on Technology, Information Policy, Intergovernmental Relations and Procurement Reform . Committee 2011-03-17 Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2011-03-17 Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-03-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-03-17 Introduced in House IntroReferral 1000 9 Library of Congress S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 N B001230 Rep. Baldwin, Tammy [D-WI-2] Tammy Baldwin D WI 2 2011-03-17 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2011-03-17 True H000627 Rep. Hinchey, Maurice D. [D-NY-22] MAURICE HINCHEY D NY D. 22 2011-03-17 True M000312 Rep. McGovern, James P. [D-MA-3] JAMES MCGOVERN D MA P. 3 2011-03-17 True W000738 Rep. Woolsey, Lynn C. [D-CA-6] LYNN WOOLSEY D CA 6 2011-03-17 True K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2011-03-17 True S001174 Rep. Sutton, Betty [D-OH-13] Betty Sutton D OH 13 2011-03-17 True G000559 Rep. Garamendi, John [D-CA-10] John Garamendi D CA 10 2011-04-12 False P000149 Rep. Payne, Donald M. [D-NJ-10] DONALD PAYNE D NJ M. 10 2012-02-03 False R000515 Rep. Rush, Bobby L. [D-IL-1] BOBBY RUSH D IL L. 1 2012-02-03 False Commerce Administrative law and regulatory procedures Business ethics Consumer affairs Corporate finance and management Employee benefits and pensions Environmental regulatory procedures Foreign and international corporations Health care costs and insurance Income tax rates Industrial policy and productivity Labor-management relations Manufacturing Military personnel and dependents National Guard and reserves Pollution liability Public contracts and procurement Research and development Taxation of foreign income Wages and earnings Worker safety and health Commerce 00 2011-03-17 Introduced in House 2011-04-25T22:46:00Z Patriot Corporations of America Act of 2011- Grants after 2011 a preference to Patriot corporations in the evaluation of bids or proposals for federal contracts. Defines "Patriot corporation" as a corporation which: (1) produces at least 90% of its goods and services in the United States; (2) does not pay its its management-level employees at a rate more than 10,000% of the compensation of its lowest paid employee; (3) conducts at least 50% of its research and development in the United States; (4) contributes at least 5% of its payroll to a portable pension fund for its employees; (5) pays at least 70% of its employees' health insurance costs; (6) maintains a policy of neutrality in employee organizing drives; (7) provides full differential salary and insurance benefits for all National Guard and Reserve employees who are called to active duty; and (8) has not violated federal regulations, including regulations relating to the environment, workplace safety, labor relations, and consumer protections.

Amends the Internal Revenue Code to: (1) reduce the income tax rate for Patriot corporations; (2) reclassify foreign corporations created or organized to avoid federal taxation as domestic corporations for income tax purposes; and (3) increase, for the period between January 1, 2011, and December 31, 2012, the income tax rate for individual taxpayers with adjusted gross incomes of $500,000 or more ($1 million or more for joint returns).

]]> Patriot Corporations of America Act of 2011 Display Title Patriot Corporations of America Act of 2011 Official Title as Introduced To provide Federal contracting preferences for, and a reduction in the rate of income tax imposed on, Patriot corporations, and for other purposes. Introduced in House IH Short Titles as Introduced Patriot Corporations of America Act of 2011 Introduced in House 2011-03-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1163ih/xml/BILLS-112hr1163ih.xml 2011-04-01 Referred to the Subcommittee on Technology, Information Policy, Intergovernmental Relations and Procurement Reform . text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.