HR 6930
MADE in America Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The MADE in America Act of 2020 aims to boost domestic manufacturing of pharmaceuticals, medical devices, and related products. It provides a 30% tax credit for companies producing these items in designated ‘qualified opportunity zones’ with high poverty rates. The bill also directs agencies to evaluate new manufacturing technologies, promote regulatory consistency, and establish programs to encourage domestic production. Furthermore, it seeks to address barriers to domestic manufacturing and harmonize regulations with international standards.
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Primary sponsor
Cosponsors
David B. McKinley
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