# 119-s-2976: HIRE Act

119-s-2976, HIRE Act, is a 119th Congress bill sponsored by Sen. Moreno, Bernie [R-OH] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-08-21).

- Canonical: https://policyrisk.com/legislation/119-s-2976
- As of: 2026-08-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2976
- Congress: 119
- Title: HIRE Act
- Status: introduced
- Introduced: 2025-10-06
- Sponsor: Sen. Moreno, Bernie [R-OH] (R-OH)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-08-21

## Summary

**A 25% excise tax on outsourcing payments** would make payments from U.S. businesses to foreign providers for services that benefit U.S. consumers more expensive and channel proceeds into workers' retraining. The bill also denies tax deductions for those outsourcing payments.

## Provisions PRIA read

- Domestic Workforce Fund for displaced workers: benefit, medium. If enacted, the bill would create a Domestic Workforce Fund in the Treasury. The Fund would receive amounts equal to receipts from the outsourcing tax, related additions to tax, and related penalties. Money in the Fund would be available without further appropriation for Department of Labor retrain…
- New outsourcing tax for U.S. businesses: cost, medium. If enacted, the bill would impose a 25% excise tax on payments U.S. persons make to foreign persons for labor or services that benefit U.S. consumers. It would also deny income tax deductions for those outsourcing payments. The Treasury could require reporting and officer certification about such p…

## Related bills

- 119-s-1541: SHIPS for America Act of 2025
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-5616: ADAPT Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-3903: Railway Safety Act of 2026

## Sources
- [119-s-2976 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2976)

## Related
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-5616: ADAPT Act](https://policyrisk.com/legislation/119-s-5616)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-3903: Railway Safety Act of 2026](https://policyrisk.com/legislation/119-s-3903)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2976 (as of 2026-08-21).