S 2252 · 112th Congress · Economics and Public Finance

Rebuild America Act

Introduced 2012-03-29· Sponsored by Sen. Harkin, Tom [D-IA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2012-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Rebuild America Act - Establishes grant programs for investment in projects to: (1) modernize, renovate, and repair educational facilities; (2) renovate energy systems, including planning and assessment activities and implementation of energy efficiency and renewable energy projects; and (3) rebuild U.S. infrastructure. Directs the President to develop a comprehensive national manufacturing strategy. Authorizes the Secretary of Commerce to award grants to establish sectoral technology and innovation centers to assist small or medium-sized manufacturers to innovate and develop new products. Amends the Internal Revenue Code to: (1) extend through 2016 the tax credit for increasing research activities, and (2) increase the alternative simplified research tax credit. Requires trade-related legislation introduced in Congress after the enactment of this Act to include provisions providing for labor standards, environmental and public safety standards, and foreign investment in the United States. Provides funding for the Interagency Trade Enforcement Center. Amends the Tariff Act of 1930 to include as a "countervailable subsidy" requiring action under a countervailing duty or antidum…

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