End Outsourcing Act
Latest action · Apr 21, 2021 Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 21, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
End Outsourcing Act
This bill addresses the outsourcing (transfer) of jobs and companies from the United States to low-tax foreign jurisdictions.
The bill (1) requires employers to include an outsourcing statement in worker adjustment and retraining notices; (2) denies employers a tax deduction for outsourcing expenses, including license fees and equipment installation costs; (3) allows a tax credit for similar insourcing expenses; (4) denies employers the use of certain favorable accounting methods and a deduction for interest paid on indebtedness; and (5) requires the recapture of certain tax credit amounts allowed to outsourcing employers.
The bill authorizes federal contracting officers to take the outsourcing of jobs from the United States into account in awarding contracts and grants and extending loans and loan guarantees to corporations.
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Apr 21, 2021 to Oct 12, 2021, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-DC | Eleanor Holmes Norton | Original | Apr 21, 2021 |
| D-IL | Jesús G. "Chuy" García | Original | Apr 21, 2021 |
| D-CA | Ro Khanna | Original | Apr 21, 2021 |
| D-MA | Stephen F. Lynch | Original | Apr 21, 2021 |
| D-IL | Janice D. Schakowsky | Apr 22, 2021 | |
| D-CA | Mark DeSaulnier | May 28, 2021 | |
| D-NY | Mondaire Jones | Oct 12, 2021 |
Actions 2
Everything that happened, newest first.
- Apr 21, 2021Introduced in House
- Apr 21, 2021Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, Oversight and Reform, and Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1513 | End Outsourcing Act | Identical bill | Apr 29, 2021 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Accounting and auditing
- Administrative law and regulatory procedures
- Business investment and capital
- Congressional oversight
- Employee hiring
- Foreign and international corporations
- Government lending and loan guarantees
- Government studies and investigations
- Income tax credits
- Income tax deductions
- Interest, dividends, interest rates
- Labor-management relations
- Licensing and registrations
- Military procurement, research, weapons development
- Office of Management and Budget (OMB)
- Public contracts and procurement
- Taxation
- Taxation of foreign income
- U.S. territories and protectorates
- Unemployment
Text 1
Each version as it was printed, newest first.
- Apr 21, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.