To amend the Internal Revenue Code of 1986 to provide incentives for relocating manufacturing to the United States, permanent full expensing for qualified property, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for relocating manufacturing to the United States, permanent full expensing for qualified property, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Foreign Policy, Immigration.
Who Benefits and How
importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HB06C27E655D64A92A12D4C66DD8C0881: 1. Short title This Act may be cited as the Bring Entrepreneurial Advancements To Consumers Here In North America Act.
- Section H19EA5ECA86DB44A786246D33B85EAD4C: 2. Tax incentives for relocating manufacturing to the United States Section 168 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section HC50F11947D684427ABF3840C1A150307: 139J. Exclusion of gain on disposition of property in connection with qualified relocation of manufacturing In the case of a qualified manufacturer, gross...
- Section H3229CFEDE3084139A3DCAA86A6E43B91: 3. Permanent full expensing for qualified property Paragraph (6) of section 168(k) of the Internal Revenue Code of 1986 is amended to read as follows: For...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for relocating manufacturing to the United States, permanent full expensing for qualified property, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Key Policy Areas
Trade, Foreign Policy, Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide incentives for relocating manufacturing to the United States, permanent full expensing for qualified property, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Policy Domains
Whole bill
Identified Gains
- importers, exporters, and commercial firms
Identified Costs
- federal implementing agencies
- importers, exporters, and commercial firms
Sponsors
Chip Roy
R-TX | Primary Sponsor
Legislative Progress
IntroducedMr. Roy (for himself and Mr. Moore of Alabama) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology