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- S.1203
S.1203: MMEDS Act of 2021
About This Bill
- Introduced April 19, 2021
- Latest Major Action April 19, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - April 19, 2021
Bill Summary
Medical Manufacturing, Economic Development, and Sustainability Act of 2021 or the MMEDS Act of 2021 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 |
|---|---|
| April 19, 2021 |
Read twice and referred to the Committee on Finance.
|
| April 19, 2021 |
Introduced in the Senate by Marco Rubio (R-Fla.) |