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- S.4467
S.4467: MMEDS Act of 2020
About This Bill
- Introduced Aug. 6, 2020
- Latest Major Action Aug. 6, 2020
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - Aug. 6, 2020
Bill Summary
Medical Manufacturing, Economic Development, and Sustainability Act of 2020 or the MMEDS Act of 2020 This bill provides incentives for relocating medical manufacturing facilities in the United States and for manufacturing medical products (i.e., drugs and devices) in economically distressed zones. Specifically, the bill allows a income tax credit for 40% of the sum of wages paid in a medical product manufacturing economically distressed zone,...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Aug. 6, 2020 |
Read twice and referred to the Committee on Finance.
|
| Aug. 6, 2020 |
Introduced in the Senate by Marco Rubio (R-Fla.) |