To amend the Internal Revenue Code of 1986 to encourage domestic insourcing and discourage foreign outsourcing.
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 encourage domestic insourcing and discourage foreign outsourcing., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Labor, Foreign Policy.
Who Benefits and How
financial institutions, investors, and borrowers 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, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H73F186A5CD624AD7AC8953B2FA239201: 1. Short title This Act may be cited as the Bring Jobs Home Act.
- Section H5B3BB1DEC7D54FAEBC2F4716604CC8AA: 2. Credit for insourcing expenses Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section H26BFAA8932214F3BB84DF2179EC198B7: 45BB. Credit for insourcing expenses For purposes of section 38, the insourcing expenses credit for any taxable year is an amount equal to 20 percent of the...
- Section HACEA82A808AE4A5CAF4357668E747086: 3. Denial of deduction for outsourcing expenses Part IX of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the...
- Section HAD585078A6A14B71BEE4951B1D252A4F: 280I. Outsourcing expenses No deduction otherwise allowable under this chapter shall be allowed for any specified outsourcing expense. For purposes of this...
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 encourage domestic insourcing and discourage foreign outsourcing., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Labor, Foreign Policy
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to encourage domestic insourcing and discourage foreign outsourcing., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Pascrell (for himself, Mr. Deluzio, and Mrs. Sykes) 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?
- "secretary_of_treasury"
- → Secretary of the Treasury
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