Employment Law Updates | New Proposed Legislation
August 31, 2010
Legislation Incentivizing Repatriation of Jobs Back to the U.S. Filed
Bring Jobs Back to America: Strategic Manufacturing & Job Repatriation Act
H. R. 5980, 7/29/2010
Rep. Frank Wolf (VA-10) has introduced legislation to develop a strategy to bring jobs back to America from overseas.
The Bring Jobs Back to America Act would comprehensively align existing federal funding - at no new cost - to support job repatriation and manufacturing growth, study a new tax incentive to encourage repatriation and bolster intellectual property protection.
The legislation builds on language included in the fiscal year 2011 Commerce-Justice-Science (CJS) appropriations bill directing the Commerce Department to launch a job repatriation initiative. Wolf, a senior member of the House Appropriations Committee, is the ranking Republican on the CJS subcommittee, which…
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