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HR8506FEDERALin_committee
High Impact

The Bring Jobs Home Act

Original title: Bring Jobs Home Act

April 27, 2026

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Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently in_committee. The next step in the legislative lifecycle is Floor Vote.

Last action
Referred to the House Committee on Ways and Means.May 22, 2024

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

If passed, this bill would change the tax liability for U.S. corporations that relocate business units, potentially influencing corporate decisions on where to base their operations and employees.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Corporations

These entities face changes in tax liability based on whether they move business units into or out of the United States.

U.S. Employees

The bill ties tax credits to the maintenance and growth of full-time equivalent employee counts within the United States.

U.S. Territories

The Treasury is required to make payments to these territories to compensate for tax revenue changes caused by the new credit.

What changed

Current stage: in_committee.

What's next

Floor Vote.

Summary

This bill proposes tax changes to encourage companies to move business operations back to the United States and discourage them from moving operations abroad. It offers a tax credit for costs associated with moving jobs to the U.S. while eliminating tax deductions for costs associated with moving jobs out of the country.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

If passed, this bill would change the tax liability for U.S. corporations that relocate business units, potentially influencing corporate decisions on where to base their operations and employees.

Frequently Asked Questions

Does this bill apply to all companies?
It applies to taxpayers who are members of an '' and meet specific employment growth requirements.
Can I claim the credit for moving a business unit if I don't increase my total number of employees?
No, the bill explicitly states that no credit is allowed unless the number of in the U.S. exceeds the number from the year before the move.
What happens to the tax deduction for moving expenses?
The bill eliminates the deduction for expenses and reinstates a deduction for moving expenses by striking subsection (k) of Section 217.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Incentivizing Domestic Employment

The bill explicitly links tax credits for relocation to a net increase in domestic full-time equivalent employees, preventing companies from simply moving operations without creating new jobs.

Connected Entities

Analysis Score

0–100
  • Significance80
    How much this matters to a regular citizen
  • Controversy60
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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