U.S. Congress - H.R.110 Manufacturing Reinvestment Account Act of 2011
H.R.110 - Manufacturing Reinvestment Account Act of 2011
To amend the Internal Revenue Code of 1986 to allow manufacturing businesses to establish tax-free manufacturing reinvestment accounts to assist them in providing for new equipment and facilities and workforce training. view all titles (2)
All Bill Titles
- Short: Manufacturing Reinvestment Account Act of 2011 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to allow manufacturing businesses to establish tax-free manufacturing reinvestment accounts to assist them in providing for new equipment and facilities and workforce training. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 3
- Past Seven Days: 12
- All-Time: 1,257
|
|
|
|
|
|
|
|
Committees
Official Summary
1/5/2011--Introduced.Manufacturing Reinvestment Account Act of 2011 - Amends the Internal Revenue Code to establish tax-exempt manufacturing reinvestment accounts (MRAs) for taxpayers engaged in a manufacturing business. Allows such manufacturers to make tax deductible cash payments into aOfficial Summary
1/5/2011--Introduced.Manufacturing Reinvestment Account Act of 2011 - Amends the Internal Revenue Code to establish tax-exempt manufacturing reinvestment accounts (MRAs) for taxpayers engaged in a manufacturing business. Allows such manufacturers to make tax deductible cash payments into an MRA of the lesser of their domestic manufacturing gross receipts for the taxable year or $500,000. Permits expenditures from an MRA for expenses for property to be used in the manufacturing business and expenses for employee job training and workforce development. Imposes a 10% tax on amounts in an MRA that are not distributed within 7 years. Terminates the tax deduction for payments to an MRA 10 years after the enactment of this Act....Read the Rest
Recent News Coverage
Tennessee Legislature Moves Multiple Pro-Life Bills Ahead
Additionally, the state House passed HR 110 recognizing the work of life-affirming pregnancy resource centers which offer confidential care and counsel throughout the state. “Tennessee Right to Life thanks the members of the 107th General ...
Vest dives to pool record as Spartans sweep Scranton
Rachel Finnegan (HR), 26.51; 2. Nellie Chmil (HR); 3. Mallory Kusakavitch (HR); diving; 1. Olivia Vitali (HR), 110.00; 2. Kelsey Williams (HR); 3. Jessica Kreidler (HR); 100 fly: 1. Julie Ann Mahle (HR), 1:06.02; 2. Kandis Venn (T); 3.
Vest dives to pool record as Spartans sweep Scranton
Rachel Finnegan (HR), 26.51; 2. Nellie Chmil (HR); 3. Mallory Kusakavitch (HR); diving; 1. Olivia Vitali (HR), 110.00; 2. Kelsey Williams (HR); 3. Jessica Kreidler (HR); 100 fly: 1. Julie Ann Mahle (HR), 1:06.02; 2. Kandis Venn (T); 3.
Recent Blog Coverage
View All (95)
|
View Top Rated
The Ten Best Hitting Pitchers Of All Time - Baseball Nation
6) Carl Mays: .663 OPS, 5 HR, 110 RBI in 1199 PA. Mays pitched for the Red Sox, Yankees and Reds from 1915-1929; five HR is actually a fairly large number for anyone who played in the pre-Ruthian era. As a hitter, his best ...
Juan Uribe TBLA Community Projection Review - True Blue LA
.254 / .299 / .421 17 HR, 110 games at 2B, 8 SS, and 35 at 3B. Uribe 2013. His rapid decline will be difficult to watch. I'm a bit surprised no one went with total failure given how many of the community were not happy with the ...
Baseball 1977: 1977 Topps Baseball #50 - Ron Cey
Regular Season: .241, 30 HR, 110 RBI; League Championship Series: .308, 1 HR, 4 RBI in 4 games; World Series: .190, 1 HR, 3 RBI in 6 games. 1977 Highlights: April 16 - Went 1 for 1 and was walked four times in the same ...
Vote on This Bill
-
Share This Bill
More Share via Email
