HR1414119th CongressWALLET

Cameron’s Law

Sponsored By: Representative Gottheimer, Josh [D-NJ-5]

Introduced

Summary

Doubles the orphan drug tax credit to 50% so eligible taxpayers would get a larger tax offset for qualifying orphan drug costs. The bill would amend Section 45C(a) of the Internal Revenue Code by replacing the current 25% credit rate with a 50% rate. This change would apply to taxable years beginning after enactment. The text does not alter eligibility rules, definitions, administration, or enforcement for the credit. The direct effect is to increase the tax credit available for qualified orphan drug expenditures.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Bigger tax credit for rare-disease drugs

If enacted, companies that develop drugs for rare diseases could get a larger tax credit. The credit rate would rise from 25% to 50% of qualifying spending. It would apply to taxable years that begin after the bill is enacted. The bill does not change who can claim the credit.

Sponsors & CoSponsors

Sponsor

Gottheimer, Josh [D-NJ-5]

NJ • D

Cosponsors

  • Rep. Bacon, Don [R-NE-2]

    NE • R

    Sponsored 2/18/2025

  • Rep. Panetta, Jimmy [D-CA-19]

    CA • D

    Sponsored 2/18/2025

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 2/18/2025

  • Rep. Miller, Max L. [R-OH-7]

    OH • R

    Sponsored 2/25/2025

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 2/26/2025

  • Rep. Carey, Mike [R-OH-15]

    OH • R

    Sponsored 3/24/2025

  • Johnson (GA)

    GA • D

    Sponsored 4/7/2025

  • Davis (NC)

    NC • D

    Sponsored 4/10/2025

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 7/10/2025

  • Cuellar

    TX • D

    Sponsored 8/8/2025

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 9/15/2025

  • Costa

    CA • D

    Sponsored 9/30/2025

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 10/21/2025

  • Kelly (PA)

    PA • R

    Sponsored 10/24/2025

  • Carson

    IN • D

    Sponsored 11/18/2025

  • Rep. Tenney, Claudia [R-NY-24]

    NY • R

    Sponsored 12/2/2025

  • Rep. Kiggans, Jennifer A. [R-VA-2]

    VA • R

    Sponsored 4/29/2026

  • Kean

    NJ • R

    Sponsored 5/12/2026

Roll Call Votes

No roll call votes available for this bill.

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