Make Medicine in America Again Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 18, 2022)
Make Medicine in America Again Act
This bill provides tax incentives for the manufacture of pharmaceutical property, equipment, buildings, or facilities in the United States. Specifically it allows bonus depreciation for such property and a business-related tax credit for 50% of expenditures for (1) wages for services performed in a U.S. pharmaceutical manufacturing business, (2) the tangible personal property of such a business, and (3) any direct or indirect costs paid or incurred in a U.S. pharmaceutical manufacturing business.
What just happenedMar 18, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMar 18, 2022
- Mar 18, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 18, 2022IntroReferralIntro-H
Introduced in House
- Mar 18, 2022IntroReferral1000
Introduced in House