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HR 590 · 117th Congress

RAM Act of 2021

<p><b>Reshoring American Manufacturing Act of 2021 or the RAM Act of 2021</b></p> <p>This bill allows business taxpayers a tax credit, up to $25 million in a taxable year, for the cost of eligible reshoring expenses. The bill defines <i>eligible reshoring expenses </i>as amounts paid for the transportation (includi…

Sponsor
Posey, Bill (R-FL)
Introduced
2021-01-28
Policy area
Taxation
Latest action
Referred to the House Committee on Ways and Means.

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