A bipartisan and bicameral group of lawmakers is proposing a bill that would incentivize and boost American manufacturing, in addition to research and development, as the Trump administration looks to keep a promise from the presidential campaign. Reps. Mike Kelly, R-Pa., and Ron Kind, D-Wis., with Sens. Chris Coons, D-Del., and Pat Roberts, R-Kan., have introduced the Invent and Manufacture in America Act, a bill that would give a tax credit to companies that not only conduct research and development, but also manufacture products resulting from that R&D as well.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-07-17
CTE source: https://ctemag.com/news/washington-examiner-congress-wants-incentivize-us-manufacturing/
Legacy path: /washington-examiner-congress-wants-incentivize-us-manufacturing