Bill116th CongressFiled Jun 11, 2020Taxation
S. 3945
Bring Entrepreneurial Advancements To Consumers Here In North America Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 11, 2020)
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.
What just happenedJun 11, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Loeffler, Kelly [R-GA](R-GA)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills8subjects
- Introduced in SenateJun 11, 2020
- Jun 11, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 11, 2020IntroReferral10000
Introduced in Senate