US Congress Senate Bill 3757 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 19 2020 - 25% progression, died in committee
Action: 2020-05-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

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.

Build Health Care Equipment in America Act

Sen. Doug Jones [D-AL]

Date	Chamber	Action
2020-05-19	Senate	Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/3757/all-info
Text	https://www.congress.gov/116/bills/s3757/BILLS-116s3757is.pdf