Cameron’s Law

H.R. 1414 · 119th Congress · Feb 18, 2025 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to restore the amount of the orphan drug tax credit.

This Act may be cited as “Cameron’s Law”.

(a)

In general— Section 45C(a) of the Internal Revenue Code of 1986 is amended by striking “25 percent” and inserting “50 percent”.

(b)

Effective date— The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.