HR 7767
116th Congress
House
Taxation
Advanced technology and technological innovations
Health technology, devices, supplies
Income tax credits
Income tax rates
Industrial policy and productivity
Inflation and prices
Manufacturing
Prescription drugs
Sales and excise taxes
Trade restrictions
U.S. and foreign investments
Wages 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.
Introduced: July 23, 2020
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2020
Referred to the Subcommittee on Select Revenue Measures.
Jul 23, 2020
Referred to the House Committee on Ways and Means.
Jul 23, 2020
Introduced in House
Plain-English summary
This bill allows employers tax credits for domestic medical and drug manufacturing expenses and for advanced medical manufacturing equipment.
What's happening now
Referred to the Subcommittee on Select Revenue Measures.
Committees of jurisdiction
2