HR 7166 United States House · 117th Congress

Make Medicine in America Again Act

Summary
Make Medicine in America Again Act This bill provides tax incentives for the manufacture of pharmaceutical property, equipment, buildings, or facilities in the United States. Specifically it allows bonus depreciation for such property and a business-related tax credit for 50% of expenditures for (1) wages for services performed in a U.S. pharmaceutical manufacturing business, (2) the tangible personal property of such a business, and (3) any direct or indirect costs paid or incurred in a U.S. pharmaceutical manufacturing business.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 18, 2022 Last action Mar 18, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Mar 18, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Mar 18, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors