HR 6329 · 112th Congress · Taxation

Build It in America Act of 2012

Introduced 2012-08-02· Sponsored by Rep. Hochul, Kathleen C. [D-NY-26]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2012-08-02)

Plain Language Summary

[AI summary unavailable — showing source text] Build It in America Act of 2012 - Amends the Internal Revenue Code to: (1) make the tax credit for increasing research activities permanent, (2) increase the rate of such tax credit for manufacturers whose adjusted gross receipts attributable to domestic production exceed 50%, and (3) make such credit refundable for certain small businesses.…

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