# 114-hr-2970: Rebuilding American Manufacturing Act of 2015

114-hr-2970, Rebuilding American Manufacturing Act of 2015, is a 114th Congress bill sponsored by Rep. Kind, Ron [D-WI-3] (D-WI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-2970
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-2970
- Congress: 114
- Title: Rebuilding American Manufacturing Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-07-08
- Sponsor: Rep. Kind, Ron [D-WI-3] (D-WI)
- Cosponsors: 8
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Rebuilding American Manufacturing Act of 2015 Amends the Internal Revenue Code to allow taxpayers engaged in domestic manufacturing in the United States a tax deduction equal to 50.5% (43% for C corporations) of the lesser of their domestic manufacturing income or their taxable income for the taxable year (thus effectively reducing their income tax rate to approximately 20%). Limits the amount of such deduction to 25% of such taxpayer's qualifying domestic investment (defined as the sum of the taxpayer's W-2 wages and certain allowable tax deductions, excluding any amounts not properly allocable to the taxpayer's domestic manufacturing gross receipts).

## Cosponsors (8)

- Rep. Neal, Richard E. [D-MA-1] (D-MA), 2015-07-08T00:00:00.000Z
- CHARLES RANGEL (D-NY), 2015-07-08T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2015-07-08T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2015-07-08T00:00:00.000Z
- JIM MCDERMOTT (D-WA), 2015-07-08T00:00:00.000Z
- Rep. Davis, Danny K. [D-IL-7] (D-IL), 2015-07-08T00:00:00.000Z
- SANDER LEVIN (D-MI), 2015-07-08T00:00:00.000Z
- Rep. Graham, Gwen [D-FL-2] (D-FL), 2016-11-14T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-3268: PAST Act
- 114-hr-3185: Equality Act
- 114-hr-2867: Voting Rights Advancement Act of 2015
- 114-hr-2150: Raise the Wage Act

## Sources
- [114-hr-2970 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/2970)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-3185: Equality Act](https://policyrisk.com/legislation/114-hr-3185)
- [114-hr-2867: Voting Rights Advancement Act of 2015](https://policyrisk.com/legislation/114-hr-2867)
- [114-hr-2150: Raise the Wage Act](https://policyrisk.com/legislation/114-hr-2150)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-2970 (as of 2025-11-18).