House Introduces Bill to Provide Contracting Preference for “Patriot Corporations”

April 9, 2013

House Introduces Bill to Provide Contracting Preference for “Patriot Corporations”

On February 28, 2013, Rep. Jan Schakowsky (D-IL) introduced legislation (H.R. 929) that would provide federal contracting preferences and reduced income tax rates for any corporation designated as a “Patriot Corporation.” Under the bill, in order to achieve such a designation, a corporation must:

The bill was referred to the House Committees on Ways and Means and on Oversight and Government Reform. 

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