HR 2707 · 118th Congress 2023–2025, ended

MADE in America Act

Introduced Apr 19, 2023 Originated House Sponsor Earl L. "Buddy" Carter R-GA

Fact sheet

Latest action · Dec 17, 2024 Referred to the Subcommittee on Health.

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. IntroducedApr 19, 2023
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Manufacturing API, Drugs, and Excipients in America Act or the MADE in America Act

This bill establishes a tax credit for certain manufacturers of pharmaceuticals or medical products.

Specifically, the bill establishes a tax credit for manufacturers of pharmaceuticals, active pharmaceutical ingredients, excipients (i.e., inactive ingredients), medical diagnostic devices, or personal protective equipment, if they are located in a designated distressed zone. The tax credit is equal to 25% of the manufacturer's production expenditures; the credit increases to 30% of expenditures if a substantial portion of the manufacturer's employees reside in a distressed zone.

The bill defines distressed zone as an area that has been designated as a qualified opportunity zone by the Internal Revenue Service (i.e., an economically distressed community in which certain new investments may be eligible for preferential tax treatment) and that has a poverty rate of over 30%.

Cosponsors 13

Members who signed on, in the order they did. Signatures ran from Apr 19, 2023 to Jan 17, 2024, with 11 there on the day it was introduced.

SeatCosponsorSigned on
R-WVCarol D. MillerOriginalApr 19, 2023
D-FLDarren SotoOriginalApr 19, 2023
R-TNDiana HarshbargerOriginalApr 19, 2023
R-AREric A. "Rick" CrawfordOriginalApr 19, 2023
R-FLGus M. BilirakisOriginalApr 19, 2023
R-VAH. Morgan GriffithOriginalApr 19, 2023
R-NJJefferson Van DrewOriginalApr 19, 2023
D-PAMatt CartwrightOriginalApr 19, 2023
R-NYNicholas A. LangworthyOriginalApr 19, 2023
R-NCRichard HudsonOriginalApr 19, 2023
R-OHTroy BaldersonOriginalApr 19, 2023
R-TXRonny JacksonMay 23, 2023
R-FLJohn H. RutherfordJan 17, 2024

Actions 3

Everything that happened, newest first.

  1. Dec 17, 2024Referred to the Subcommittee on Health.
  2. Apr 19, 2023Introduced in House
  3. Apr 19, 2023Referred to the House Committee on Ways and Means.

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Apr 19, 2023Introduced in House

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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.