HR 3900 · 110th Congress · Taxation

Restore U.S. Manufacturing Act of 2007

Introduced 2007-10-18· Sponsored by Rep. Hunter, Duncan [R-CA-52]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-10-18)

Plain Language Summary

[AI summary unavailable — showing source text] Restore U.S. Manufacturing Act of 2007 - Amends the Internal Revenue Code to allow a 100% tax deduction for qualified manufacturing activities income. Defines "qualified manufacturing activities income" as the excess of domestic manufacturing gross receipts over the cost of goods sold, and other expenses, losses, or deductions, properly allocable to such receipts.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. McCotter, Thaddeus G. [R-MI-11]MI