HR 508
Bring American Companies Home Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 6:50 AM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Bring American Companies Home Act, aims to help U.S. businesses reduce their tax burden by allowing them to deduct the costs of moving inventory, equipment, and supplies from China to the United States. It establishes a system where tariffs collected on goods from China are used to fund a trust fund, which then provides revenue offsets to the Treasury to cover these deductions. The goal is to incentivize companies to bring their operations and assets back to the U.S.
Sponsors
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Primary sponsor
Mark E. Green
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