H.R.1522 - Manufacturing Economic Recovery Act of 2013

To amend the Internal Revenue Code of 1986 to provide incentives for the expansion of manufacturing in the United States. view all titles (3)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to provide incentives for the expansion of manufacturing in the United States. as introduced.
  • Short: Manufacturing Economic Recovery Act of 2013 as reported to house.
  • Short: Manufacturing Economic Recovery Act of 2013 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
04/12/13
 
 
 
 
 
 
 

Sponsor

Representative

David McKinley

R-WV

View Co-Sponsors (6)

Official Summary

Manufacturing Economic Recovery Act of 2013 - Amends the Internal Revenue Code to allow: (1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in

Official Summary

Manufacturing Economic Recovery Act of 2013 - Amends the Internal Revenue Code to allow:
(1) a manufacturing recovery tax credit for investment in manufacturing real and tangible personal property used in the United States, including an increased credit for manufacturing property located in an economically disadvantaged area and an extremely economically disadvantaged area;
(2) an additional investment tax credit for manufacturing property; and
(3) a work opportunity tax credit for hiring an employee in a manufacturing facility located in the United States (manufacturing recovery employee), including an increased credit for hiring individuals receiving unemployment compensation.

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