3.0.0 3945 2023-01-11T13:46:15Z 2023-01-11T13:46:15Z Senate S 2020-06-11 116 ssfi00 Finance Committee Senate Standing Referred to 2020-06-11T17:24:42Z Bring Entrepreneurial Advancements To Consumers Here In North America Act 116 6690 HR 2020-05-01 Referred to the House Committee on Ways and Means. Related bill CRS 2020-06-11 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-06-11 Introduced in Senate IntroReferral 10000 9 Library of Congress L000594 Sen. Loeffler, Kelly [R-GA] Kelly Loeffler R GA N E000295 Sen. Ernst, Joni [R-IA] Joni Ernst R IA 2020-06-11 True C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX 2020-06-11 True Taxation Accounting and auditing Business expenses Health technology, devices, supplies Income tax deductions Income tax exclusion Industrial facilities Manufacturing Prescription drugs Taxation 00 2020-06-11 Introduced in Senate 2020-07-10T13:42:45Z Bring Entrepreneurial Advancements To Consumers Here In North America Act

This bill allows accelerated depreciation of nonresidential real property acquired to relocate facilities for the manufacture of pharmaceuticals and medical devices or supplies in the United States. It also allows an exclusion from gross income of gain from the sale or exchange of relocation property that was used to manufacture medical products in a foreign country.

]]> Bring Entrepreneurial Advancements To Consumers Here In North America Act Display Title Bring Entrepreneurial Advancements To Consumers Here In North America Act Short Title(s) as Introduced Bring Entrepreneurial Advancements To Consumers Here In North America Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide incentives for relocating manufacturing of pharmaceuticals and medical supplies and devices to the United States. Introduced in Senate IS Introduced in Senate 2020-06-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3945is/xml/BILLS-116s3945is.xml 2020-06-11 Read twice and referred to the Committee on Finance. 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.