3.0.0 7527 2023-01-11T13:45:59Z 2023-01-11T13:45:59Z House HR 2020-07-09 116 [Congressional Record Volume 166, Number 124 (Thursday, July 9, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Miss GONZALEZ-COLON of Puerto Rico:H.R. 7527.Congress has the power to enact this legislation pursuantto the following:The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States; [. . .]--AndTo make all laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof.[Page H3077]]]> hsif00 Energy and Commerce Committee House Standing Referred to 2020-07-09T18:09:40Z hswm00 Ways and Means Committee House Standing hswm02 Health Subcommittee Referred to 2020-07-09T13:47:06Z Referred to 2020-07-09T18:09:35Z MMEDS Act of 2020 116 4467 S 2020-08-06 Read twice and referred to the Committee on Finance. Related bill CRS 2020-07-09 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2020-07-09 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-07-09 hswm02 Health Subcommittee 1 House committee actions Referred to the Subcommittee on Health. Committee 2020-07-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-07-09 Introduced in House IntroReferral 1000 9 Library of Congress G000582 Resident Commissioner González-Colón, Jenniffer [R-PR-At Large] Jenniffer Gonzalez-Colon R PR N S000248 Rep. Serrano, Jose E. [D-NY-15] JOSE SERRANO D NY E. 15 2020-07-09 True B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2020-07-09 True S001206 Rep. Shalala, Donna E. [D-FL-27] Donna Shalala D FL E. 27 2020-07-09 True K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2020-07-09 True S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2020-07-09 True F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2020-07-21 False D000600 Rep. Diaz-Balart, Mario [R-FL-25] Mario Diaz-Balart R FL 25 2020-07-29 False S001204 Del. San Nicolas, Michael F. Q. [D-GU-At Large] Michael San Nicolas D GU F. Q. 0 2020-08-11 False S001196 Rep. Stefanik, Elise M. [R-NY-21] Elise Stefanik R NY M. 21 2020-09-04 False Taxation Aging Business expenses Business investment and capital Cardiovascular and respiratory health Community life and organization Congressional oversight Drug safety, medical device, and laboratory regulation Economic development Emergency medical services and trauma care Government studies and investigations Health technology, devices, supplies Housing and community development funding Immunology and vaccination Income tax credits Income tax deductions Industrial facilities Infectious and parasitic diseases Manufacturing Medical research Medical tests and diagnostic methods Minority and disadvantaged businesses Minority health Poverty and welfare assistance Public-private cooperation Research administration and funding Research and development Strategic materials and reserves Unemployment Veterans' medical care Wages and earnings Taxation 00 2020-07-09 Introduced in House 2021-05-05T16:51:12Z Medical Manufacturing, Economic Development, and Sustainability Act of 2020 or the MMEDS Act of 2020

This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical manufacturing economically distressed zone, employee fringe benefit expenses, and depreciation and amortization allowances with respect to qualified medical manufacturing facility property, and a credit for economically distressed zone products and services acquired by domestic medical manufacturers. The bill increases the credit rate for minority businesses.

]]> MMEDS Act of 2020 Display Title MMEDS Act of 2020 Official Title as Introduced To rescue domestic medical manufacturing activity by providing incentives in economically distressed areas of the United States and its possessions. Introduced in House IH Short Title(s) as Introduced MMEDS Act of 2020 Introduced in House IH Short Title(s) as Introduced Medical Manufacturing, Economic Development, and Sustainability Act of 2020 Introduced in House IH Introduced in House 2020-07-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7527ih/xml/BILLS-116hr7527ih.xml 2020-07-09 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.