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S. 3945

Bring Entrepreneurial Advancements To Consumers Here In North America Act

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.

Read twice and referred to the Committee on Finance.

Sen. Loeffler, Kelly [R-GA](R-GA)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills8subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Bring Entrepreneurial Advancements To Consumers Here In North America Act — Informed