H.R. 3068 · 115th Congress
Invent and Manufacture in America Act
- Stage
- In committee
- Sponsor
- Mike Kelly
- Introduced
- 2017-06-27
- Latest action
- 2017-06-27 · Introduced in House
Summary
Invent and Manufacture in America Act
This bill amends the Internal Revenue Code, with respect to the research tax credit, to allow an increased credit for qualified domestic manufacturers. A "qualified domestic manufacturer" is a taxpayer who has domestic production gross receipts that are more than 50% of total gross receipts.