MADE in America Act of 2020
Sponsored By: Representative Carter, Earl L. "Buddy" [R-GA-1]
Unknown
Summary
Manufacturing API, Drugs, and Excipients in America Act of 2020 or the MADE in America Act of 2020 This bill establishes a tax credit for taxpayers engaged in medical production activities in certain areas and contains other provisions related to pharmaceuticals. An eligible taxpayer may claim a tax credit equal to 30% of qualified expenditures related to the production of pharmaceuticals, medical devices, or other related items in a designated qualified opportunity zone with a poverty rate higher than 30%. In addition, the Food and Drug Administration shall continue a program to evaluate new drug manufacturing technologies included in an application for approval of a drug or biological product. The bill imposes various requirements on this program, including deadlines for evaluating such a technology. Furthermore, the Department of Health and Human Services shall establish or expand programs to promote regulatory consistency and cooperation with drug regulatory authorities in other countries.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Cosponsors
Rep. Griffith, H. Morgan [R-VA-9]
VA • R
Sponsored 5/19/2020
Rep. McKinley, David B. [R-WV-1]
WV • R
Sponsored 5/19/2020
Rep. Crawford, Eric A. "Rick" [R-AR-1]
AR • R
Sponsored 5/19/2020
Rep. Soto, Darren [D-FL-9]
FL • D
Sponsored 5/19/2020
Rep. Westerman, Bruce [R-AR-4]
AR • R
Sponsored 6/18/2020
Rep. Van Drew, Jefferson [R-NJ-2]
NJ • R
Sponsored 6/18/2020
Rep. Cartwright, Matt [D-PA-8]
PA • D
Sponsored 7/9/2020
Rep. Rice, Tom [R-SC-7]
SC • R
Sponsored 10/1/2020
Roll Call Votes
No roll call votes available for this bill.
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