United States 116th Congress Status: Died 1 R cosponsors

HR 7594 — RAM Act of 2020 Reshoring American Manufacturing Act of 2020

Last action — Referred to the House Committee on Ways and Means.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Allows business taxpayers a tax credit, up to $25 million in a taxable year, for the cost of eligible reshoring expenses. The bill defines eligible reshoring expenses as amounts paid for the transportation (including any import duties, fees, or tariffs imposed with respect to such transportation) of manufacturing equipment from China to the United States. The credit expires after 2023.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 7594 on the official United States source →

Action History

  1. Referred to the House Committee on Ways and Means.

  2. Referred to the Subcommittee on Select Revenue Measures.

  3. Introduced in House

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

Taxation Asia Business expenses China Income tax credits Manufacturing Tariffs Transportation costs
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Frequently asked questions

What does HR 7594 do?
Allows business taxpayers a tax credit, up to $25 million in a taxable year, for the cost of eligible reshoring expenses. The bill defines eligible reshoring expenses as amounts paid for the transportation (including any import duties, fees, or tariffs imposed with respect to such transportation) of manufacturing equipment from China to the United States. The credit expires after 2023.
Who sponsors HR 7594?
HR 7594 is sponsored by Bill Posey (R).
What is the current status of HR 7594?
This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 7594?
Track HR 7594 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 16 hours ago · updated continuously

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