Supply Chain Security and Growth Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 8504 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 8504 To amend the Internal Revenue Code of 1986 to establish the critical supply chains reshoring investment tax credit. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 22, 2024 Ms. Malliotakis (for herself, Mr. Pascrell, Mr. Moylan, Mr. Bilirakis, Mr. Lawler, Ms. Velazquez, and Mr. Kelly of Pennsylvania) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish the critical supply chains reshoring investment tax credit. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Supply Chain Security and Growth Act of 2024''. SEC. 2. CRITICAL SUPPLY CHAINS RESHORING INVESTMENT CREDIT. (a) In General.--Subpart E of part IV of subchapter A of the Internal Revenue Code of 1986 is amended by inserting …