H.R. 7767
Referred to CommitteeTo amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic medical and drug manufacturing and advanced medical manufacturing equipment.
Introduced 7/23/2020•116th Congress•House
Latest Action
Referred to the Subcommittee on Select Revenue Measures.
7/23/2020 • House
Summary
This bill allows employers tax credits for domestic medical and drug manufacturing expenses and for advanced medical manufacturing equipment.
Introduced in House • 7/23/2020
Enter your district to see how this bill affects your community
Topics & Subjects
Policy Area: Taxation
Advanced technology and technological innovationsHealth technology, devices, suppliesIncome tax creditsIncome tax ratesIndustrial policy and productivityInflation and pricesManufacturingPrescription drugsSales and excise taxesTrade restrictionsU.S. and foreign investmentsWages and earnings
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (5)
Party Breakdown
0
Democrats
5
Republicans
0
Independents
Sponsor
R[
Cosponsors (4)
R[
R[
R[
R[
Bill Journey
Originated in the House
Introduced
July 23, 2020
Referred to the Subcommittee on Select Revenue Measures.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House7/23/2020