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- S.4324
S.4324: Restoring Critical Supply Chains and Intellectual Property Act
About This Bill
- Introduced July 27, 2020
- Latest Major Action July 27, 2020
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Version
- Introduced in Senate - July 27, 2020
Bill Summary
Restoring Critical Supply Chains and Intellectual Property Act This bill establishes tax credits, incentives, and other measures to support U.S. production of personal protective equipment (PPE), semiconductors, and critical minerals. Among other things, the bill (1) prohibits the use of federal funds for procurement of PPE items not produced in the United States, and (2) establishes a $7.5 billion tax credit for investment in certain medical...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 27, 2020 |
Read twice and referred to the Committee on Finance.
|
| July 27, 2020 |
Introduced in the Senate by Lindsey Graham (R-S.C.) |