Summary: H.R.6690 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.6690. Bill summaries are authored by CRS.

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Introduced in House (05/01/2020)

Bring Entrepreneurial Advancements To Consumers Here In North America Act

This bill allows accelerated depreciation of nonresidential real property acquired to relocate facilities for the manufacture of pharmaceuticals and medical devices or supplies in the United States. It also allows an exclusion from gross income of gain from the sale or exchange of relocation property that was used to manufacture medical products in a foreign country.