3.0.0 2940 2023-01-11T13:24:19Z 2023-01-11T13:24:19Z House H HR 2013-08-01 113 hswm00 Ways and Means Committee House Standing Referred to 2013-08-01T14:10:00Z 2013-08-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-08-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-08-01 Introduced in House IntroReferral 1000 9 Library of Congress K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 N N000015 Rep. Neal, Richard E. [D-MA-1] RICHARD NEAL D MA E. 1 2013-08-01 True R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2013-08-01 True P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2013-08-01 True L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2013-08-01 True M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2013-08-01 True L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2013-08-01 True S001162 Rep. Schwartz, Allyson Y. [D-PA-13] Allyson Schwartz D PA Y. 13 2013-08-01 True D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2013-08-01 True L000263 Rep. Levin, Sander M. [D-MI-9] SANDER LEVIN D MI M. 9 2013-08-01 True Taxation Business investment and capital Income tax deductions Income tax rates Manufacturing Taxation

00 2013-08-01 Introduced in House 2013-09-05T20:58:30Z Rebuilding American Manufacturing Act of 2013 - Amends the Internal Revenue Code to allow taxpayers engaged in domestic manufacturing in the United States a tax deduction equal to 50.5% (43% for C corporations) of the lesser of their domestic manufacturing income or their taxable income for the taxable year (thus effectively reducing their income tax rate to approximately 20%). Limits the amount of such deduction to 25% of such taxpayer's qualifying domestic investment (defined as the sum of the taxpayer's W-2 wages and certain allowable tax deductions, excluding any amounts not properly allocable to the taxpayer's domestic manufacturing gross receipts).

]]>

Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2013-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr2940ih/xml/BILLS-113hr2940ih.xml 2013-08-01 Referred to the House Committee on Ways and Means. 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.