American Made Medicine Act
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American Made Medicine Act
This bill allows employers tax credits for domestic medical and drug manufacturing expenses and for advanced medical manufacturing equipment. It also provides a tax credit for a percentage of the basis of qualifying medical manufacturing EPA compliance property placed in service before January 1, 2029, or during calendar year 2030.
The bill defines qualifying medical manufacturing EPA compliance property as depreciable property used by a taxpayer in the trade or business of manufacturing a drug, device, biological product, or active pharmaceutical ingredient or covered countermeasure (e.g., a qualified pandemic or epidemic product, security countermeasure, or respiratory protective device). The property must meet emissions limits under the Clean Air Act or wastewater standards under the Clean Water Act.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 7410: American Made Medicine Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7410/
"H.R. 7410: American Made Medicine Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7410/.
H.R. 7410, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7410/.
[H.R. 7410: American Made Medicine Act](https://openamerica.io/bill/117-HR-7410/)