Supply Chain Security Act

3.0.0 3938 2025-05-27T14:15:41Z 2025-05-27T14:15:41Z House H HR 2023-06-09 118 <pre>[Congressional Record Volume 169, Number 101 (Friday, June 9, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. SMITH of Missouri:H.R. 3938.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Unites States Constitution.The single subject of this legislation is:The single subject of this legislation is to encourageeconomic growth.[Page H2788]</pre> hswm00 Ways and Means Committee House Standing Reported By 2023-06-30T18:31:00Z Markup By 2023-06-13T13:37:38Z Referred To 2023-06-09T13:04:15Z H. Rept. 118-127 Supply Chain Security Act 118 4029 HR 2023-06-12 Referred to the House Committee on Ways and Means. Related bill CRS To amend the Internal Revenue Code of 1986 to impose a tax on the acquisition of United States agricultural interests by disqualified persons. 118 3996 HR 2023-06-09 Referred to the House Committee on Ways and Means. Related bill CRS Pay Less at the Pump Act 118 1942 S 2023-06-13 Read twice and referred to the Committee on Finance. Related bill CRS 2023-06-30 Placed on the Union Calendar, Calendar No. 99. Calendars H12410 2 House floor actions U00099 2023-06-30 Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-127. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2023-06-30 Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-127. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2023-06-13 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 24 - 18. Committee 2023-06-13 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2023-06-09 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-06-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-06-09 Introduced in House IntroReferral 1000 9 Library of Congress S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 N 2023-07-27T20:23:00Z H.R. 3938, Build It in America Act https://www.cbo.gov/publication/59434 As reported by the House Committee on Ways and Means on June 30, 2023 Taxation Accounting and auditing 2023-10-02T12:15:15Z Alternative and renewable resources 2023-10-02T12:15:15Z Asia 2023-10-02T12:15:15Z China 2023-10-02T12:15:15Z Cuba 2023-10-02T12:15:15Z Electric power generation and transmission 2023-10-02T12:15:14Z Europe 2023-10-02T12:15:15Z Foreign and international corporations 2023-10-02T12:15:14Z Hybrid, electric, and advanced technology vehicles 2023-10-02T12:15:15Z Income tax credits 2023-10-02T12:15:14Z Income tax deductions 2023-10-02T12:15:15Z Income tax rates 2023-10-02T12:15:15Z Iran 2023-10-02T12:15:15Z Latin America 2023-10-02T12:15:15Z Middle East 2023-10-02T12:15:15Z North Korea 2023-10-02T12:15:15Z Russia 2023-10-02T12:15:15Z Taxation of foreign income 2023-10-02T12:15:15Z Venezuela 2023-10-02T12:15:15Z Taxation 2023-06-12T16:15:21Z

00 2023-06-09 Introduced in House 2023-10-02T12:59:13Z Build It in America Act This bill provides for tax incentives to encourage investment in the United States. The bill permits the expensing of research and experimental expenditures (including software development costs) through 2025. It extends (1) the allowance for depreciation, amortization, or depletion in determining the limitation on business interest; and (2) the 100% bonus depreciation allowance. The bill terminates the hazardous substance Superfund financing rate. It allows a taxpayer election to disregard specified regulations when determining if any tax is an income, war profits, or excess profits tax. The bill imposes a 60% excise tax on buyers of U.S. farmland by citizens of a country of concern (e.g., a state supporter of terrorism) or by a private business entity that is 10% or more owned by a citizen or business entity domiciled in a country of concern. The bill repeals the clean electricity production tax credit, the clean electricity investment tax credit, the tax credit for previously owned clean vehicles, and the tax credit for qualified commercial clean vehicles. It modifies provisions of the clean vehicle tax credit, including those relating to the base amount and battery capacity.

07 2023-06-30 Reported to House 2023-10-03T18:14:40Z Build It in America Act This bill provides for tax incentives to encourage investment in the United States. The bill permits the expensing of research and experimental expenditures (including software development costs) through 2025. It extends (1) the allowance for depreciation, amortization, or depletion in determining the limitation on business interest; and (2) the 100% bonus depreciation allowance. The bill terminates the hazardous substance Superfund financing rate. It allows a taxpayer election to disregard specified regulations when determining if any tax is an income, war profits, or excess profits tax. The bill imposes a 60% excise tax on buyers of U.S. farmland by citizens of a country of concern (e.g., a state supporter of terrorism) or by a private business entity that is 10% or more owned by a citizen or business entity domiciled in a country of concern. The bill repeals the clean electricity production tax credit, the clean electricity investment tax credit, the tax credit for previously owned clean vehicles, and the tax credit for qualified commercial clean vehicles. It modifies provisions of the clean vehicle tax credit, including those relating to the base amount and battery capacity.

Build It in America Act Display Title 45 Build It in America Act 2024-07-24T15:21:44Z Short Title(s) as Introduced 101 Build It in America Act 2024-05-24T13:39:37Z Introduced in House IH Short Title(s) as Reported to House 102 Build It in America Act 2024-05-24T13:39:03Z H House Reported in House RH Official Title as Introduced 6 To amend the Internal Revenue Code of 1986 to encourage economic growth. 2024-03-18T21:05:38Z Introduced in House IH Reported in House 2023-06-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr3938rh/xml/BILLS-118hr3938rh.xml Introduced in House 2023-06-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr3938ih/xml/BILLS-118hr3938ih.xml 2023-06-30 Placed on the Union Calendar, Calendar No. 99. 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.