S 3945 · 116th Congress 2019–2021, ended

Bring Entrepreneurial Advancements To Consumers Here In North America Act

Fact sheet

Latest action · Jun 11, 2020 Read twice and referred to the Committee on Finance.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 11, 2020
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

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.

Cosponsors 2

Members who signed on, in the order they did. All signed on Jun 11, 2020.

SeatCosponsorSigned on
R-IAJoni ErnstOriginalJun 11, 2020
R-TXTed CruzOriginalJun 11, 2020

Actions 2

Everything that happened, newest first.

  1. Jun 11, 2020Introduced in Senate
  2. Jun 11, 2020Read twice and referred to the Committee on Finance.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 6690Bring Entrepreneurial Advancements To Consumers Here In North America ActRelated billMay 1, 2020

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Jun 11, 2020Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.