Cameron’s Law
Official title: To amend the Internal Revenue Code of 1986 to restore the amount of the orphan drug tax credit.
What Do You Think?
How would you vote?
Vote to see the result.
What Happened in Congress?
Not yet voted on the floor.
Where the Bill Stands
- Introduced, done
- Committee, current stage
- Floor Vote, not yet
- Outcome, not yet
What This Bill Does
This bill increases the orphan drug tax credit to 50% (from 25%) of qualified clinical testing expenses paid or incurred in the development of drugs to treat certain rare diseases or conditions.
As background, the Tax Cuts and Jobs Act reduced the orphan drug tax credit (for tax years after 2017) to 25% of qualified clinical testing expenses (e.g., wages, supplies, and certain contract expenses) paid or incurred in the development of drugs to treat certain rare diseases or conditions. For 2017 and prior tax years, the orphan tax credit was 50% of such expenses paid or incurred.
Sponsors
Related Documents
Timeline
- Library of CongressIntroduced in House
- House floor actionsReferred to the House Committee on Ways and Means.
- Introduced
- Committee

Comments
Comments with insults, hate speech or personal information are removed.