To amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic medical and drug manufacturing and advanced medical manufacturing equipment.
USA116th CongressHR-7767| House
| Updated: 7/23/2020
Brad R. Wenstrup
Republican Representative
Ohio
Cosponsors (4)
Ways and Means Committee, Tax Subcommittee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill allows employers tax credits for domestic medical and drug manufacturing expenses and for advanced medical manufacturing equipment.
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Timeline
Introduced in House
Referred to the Subcommittee on Select Revenue Measures.
Referred to the House Committee on Ways and Means.
Taxation
Advanced technology and technological innovationsHealth technology, devices, suppliesIncome tax creditsIncome tax ratesIndustrial policy and productivityInflation and pricesManufacturingPrescription drugsSales and excise taxesTrade restrictionsU.S. and foreign investmentsWages and earnings
To amend the Internal Revenue Code of 1986 to provide for credits against tax for domestic medical and drug manufacturing and advanced medical manufacturing equipment.
USA116th CongressHR-7767| House
| Updated: 7/23/2020
This bill allows employers tax credits for domestic medical and drug manufacturing expenses and for advanced medical manufacturing equipment.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Subcommittee on Select Revenue Measures.
Referred to the House Committee on Ways and Means.
Brad R. Wenstrup
Republican Representative
Ohio
Cosponsors (4)
Ways and Means Committee, Tax Subcommittee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Advanced technology and technological innovationsHealth technology, devices, suppliesIncome tax creditsIncome tax ratesIndustrial policy and productivityInflation and pricesManufacturingPrescription drugsSales and excise taxesTrade restrictionsU.S. and foreign investmentsWages and earnings