Bill

Bill > HR8051


US HR8051

US HR8051
US MADE Act of 2020 United States Manufacturing Availability of Domestic Equipment Act


summary

Introduced
08/14/2020
In Committee
08/14/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

US MADE Act of 2020 US MADE Act of 2020 United States Manufacturing Availability of Domestic Equipment Act United States Manufacturing Availability of Domestic Equipment Act This bill prohibits the use of funds in the Strategic National Stockpile for the procurement of certain items unless they are grown, reprocessed, reused, or produced in the United States. Such items include personal protective equipment, including protective masks and gowns, sanitizing and disinfecting wipes, privacy curtains and coverings, or other textile medical supplies and equipment. The bill also allows a new 30% investment tax credit for qualifying medical personal protective equipment manufacturing projects. The term qualifying medical personal protective equipment manufacturing project is a project which reequips, expands, establishes or continues existing production of drugs, vaccines, and medical equipment for the emergency health security of the United States

AI Summary

This bill, the US MADE Act of 2020 (United States Manufacturing Availability of Domestic Equipment Act), has two key provisions: 1. It prohibits the use of funds in the Strategic National Stockpile for the procurement of personal protective equipment (PPE), sanitizing/disinfecting wipes, privacy curtains, and other textile medical supplies unless they are grown, reprocessed, reused, or produced in the United States. It provides exceptions for items that are not available in the U.S. or for small purchases under $150,000. The bill also requires training for acquisition workforce on these domestic purchasing requirements. 2. It establishes a new 30% investment tax credit for qualifying medical PPE manufacturing projects that re-equip, expand, establish, or continue existing production of PPE, vaccines, and other medical equipment to support the emergency health security of the United States. The Secretary of the Treasury, in consultation with the Secretary of Health and Human Services, will administer a program to certify eligible projects for this tax credit, which is capped at $7.5 billion.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 08/14/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...