3.0.0 2745 2023-01-11T13:48:38Z 2023-01-11T13:48:38Z House HR 2021-04-21 117 [Congressional Record Volume 167, Number 69 (Wednesday, April 21, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POCAN:H.R. 2745.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Constitution[Page H2056]]]> hsas00 Armed Services Committee House Standing Referred to 2021-04-21T16:03:00Z hsgo00 Oversight and Accountability Committee House Standing Referred to 2021-04-21T16:02:50Z hsed00 Education and the Workforce Committee House Standing Referred to 2021-04-21T16:02:45Z hswm00 Ways and Means Committee House Standing Referred to 2021-04-21T16:02:40Z End Outsourcing Act 117 1513 S 2021-04-29 Read twice and referred to the Committee on Finance. Identical bill CRS 2021-04-21 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, 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 hsas00 Armed Services Committee 2021-04-21 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, 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 2021-04-21 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, 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 hsed00 Education and the Workforce Committee 2021-04-21 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, 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 2021-04-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-04-21 Introduced in House IntroReferral 1000 9 Library of Congress P000607 Rep. Pocan, Mark [D-WI-2] Mark Pocan D WI 2 N G000586 Rep. Garcia, Jesus G. "Chuy" [D-IL-4] Jesus Garcia D IL G. 4 2021-04-21 True K000389 Rep. Khanna, Ro [D-CA-17] Ro Khanna D CA 17 2021-04-21 True L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2021-04-21 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2021-04-21 True S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2021-04-22 False D000623 Rep. DeSaulnier, Mark [D-CA-11] Mark DeSaulnier D CA 11 2021-05-28 False J000306 Rep. Jones, Mondaire [D-NY-17] Mondaire Jones D NY 17 2021-10-12 False Taxation Accounting and auditing Administrative law and regulatory procedures Business investment and capital Congressional oversight Employee hiring Foreign and international corporations Government lending and loan guarantees Government studies and investigations Income tax credits Income tax deductions Interest, dividends, interest rates Labor-management relations Licensing and registrations Military procurement, research, weapons development Office of Management and Budget (OMB) Public contracts and procurement Taxation of foreign income U.S. territories and protectorates Unemployment Taxation 00 2021-04-21 Introduced in House 2021-06-22T18:13:09Z End Outsourcing Act

This bill addresses the outsourcing (transfer) of jobs and companies from the United States to low-tax foreign jurisdictions.

The bill (1) requires employers to include an outsourcing statement in worker adjustment and retraining notices; (2) denies employers a tax deduction for outsourcing expenses, including license fees and equipment installation costs; (3) allows a tax credit for similar insourcing expenses; (4) denies employers the use of certain favorable accounting methods and a deduction for interest paid on indebtedness; and (5) requires the recapture of certain tax credit amounts allowed to outsourcing employers.

The bill authorizes federal contracting officers to take the outsourcing of jobs from the United States into account in awarding contracts and grants and extending loans and loan guarantees to corporations.

]]> End Outsourcing Act Display Title End Outsourcing Act Official Title as Introduced To provide incentives for businesses to keep jobs in America, and for other purposes. Introduced in House IH Short Title(s) as Introduced End Outsourcing Act Introduced in House IH Introduced in House 2021-04-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2745ih/xml/BILLS-117hr2745ih.xml 2021-04-21 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, 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. 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.