S. 3757 · 116th Congress
Build Health Care Equipment in America Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
JonesSponsorNo cosponsors.
This bill provides for certain tax incentives to combat COVID-19 (i.e., coronavirus disease 2019).
What it does: CRS summary · Introduced in Senate · May 19, 2020
Build Health Care Equipment in America Act
This bill provides for certain tax incentives to combat COVID-19 (i.e., coronavirus disease 2019).
Specifically, it (1) allows a bonus depreciation allowance for property used solely for the production or manufacturing of medical equipment to combat COVID-19, (2) a new payroll tax credit related to the employment of certain skilled health care workers who previously worked in a declining field, (3) requires the Department of the Treasury to publish a list of any occupation or field of work that qualifies as a medical short supply field, (4) increases education-related tax benefits for medical professionals in short supply, and (5) establishes the 21st Century Technology Fund for State and Local Governments Looking to Draw Businesses to Their Rural Regions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Build Health Care Equipment in America Act
Latest action (May 19, 2020): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: May 19, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.