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Proposal:Bring Entrepreneurial Advancements To Consumers Here In North America Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Bill HR 6690
Type of Legislation House Bill
Congress 116
Source View original on Congress.gov
Geographic Scope
National

Description

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.

Bill Title

Bring Entrepreneurial Advancements To Consumers Here In North America Act

Linked Goals

Steps

  • 2020-05-01: Referred to the House Committee on Ways and Means.
  • 2020-05-01: Introduced in House
  • 2020-05-01: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.

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