HR 6690 · 116th Congress · Taxation
Bring Entrepreneurial Advancements To Consumers Here In North America Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2020-05-01)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (14)
14 Republicans