# 116-hr-7594: RAM Act of 2020

116-hr-7594, RAM Act of 2020, is a 116th Congress bill sponsored by Rep. Posey, Bill [R-FL-8] (R-FL); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7594
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7594
- Congress: 116
- Title: RAM Act of 2020
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-07-13
- Sponsor: Rep. Posey, Bill [R-FL-8] (R-FL)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Reshoring American Manufacturing Act of 2020 or the RAM Act of 2020 This bill allows business taxpayers a tax credit, up to $25 million in a taxable year, for the cost of eligible reshoring expenses. The bill defines eligible reshoring expenses as amounts paid for the transportation (including any import duties, fees, or tariffs imposed with respect to such transportation) of manufacturing equipment from China to the United States. The credit expires after 2023.

## Related bills

- 116-hr-8991: American Election Security Act
- 116-hr-8830: You Must Be Alive To Vote Act of 2020
- 116-hr-8757: BRICKS Act of 2020
- 116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020
- 116-hr-8675: Preventing Regulatory Penalties for PPP Lenders Act
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act

## Sources
- [116-hr-7594 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7594)

## Related
- [116-hr-8991: American Election Security Act](https://policyrisk.com/legislation/116-hr-8991)
- [116-hr-8830: You Must Be Alive To Vote Act of 2020](https://policyrisk.com/legislation/116-hr-8830)
- [116-hr-8757: BRICKS Act of 2020](https://policyrisk.com/legislation/116-hr-8757)
- [116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020](https://policyrisk.com/legislation/116-hr-8702)
- [116-hr-8675: Preventing Regulatory Penalties for PPP Lenders Act](https://policyrisk.com/legislation/116-hr-8675)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7594 (as of 2025-11-18).