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H.R. 6690

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.

Referred to the House Committee on Ways and Means.

Rep. Roy, Chip [R-TX-21](R-TX)Sponsor
14 cosponsors14 R
14cosponsors1committees3actions1related bills8subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

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