Staten Island Reporter

Today, Congresswoman Nicole Malliotakis (NY-11) joined Representatives Bill Pascrell (D-NJ), Gus Bilirakis (R-FL), Nydia Velázquez (D-NY), Mike Lawler (R-NY), and James Moylan (R-GU) in introducing the Supply Chain Security and Growth Act. This bipartisan legislation aims to leverage Investment Tax Credits (ITCs) to facilitate the rapid relocation of critical U.S. supply chains to Puerto Rico from less reliable locations such as China.

"Right now, the lion's share of our active pharmaceutical ingredients are being manufactured in Asia, predominantly China, posing a severe threat to our medical supply chains and national security," stated Congresswoman Malliotakis. "Our legislation seeks to incentivize manufacturers to move their facilities to friendlier locations, such as Puerto Rico, to not only reduce our reliance on foreign nations and protect Americans from life-threatening drug shortages but promote American jobs and economic development in our U.S. territories. Moving our critical supply chains will allow us more control over production processes and quality standards, and more opportunities to invest in and manufacture materials for the pharmaceutical, semiconductor, and aerospace sectors."

Currently, 252 drugs, including antibiotics and chemotherapies, are facing shortages in the U.S., with no pattern of predictability. Additionally, 80 percent of all active pharmaceutical ingredients for essential medicines in the U.S. have no domestic manufacturing source. In 2021, China was the leading source for U.S. pharmaceutical imports by weight and value.

"The global pandemic exposed the absolute need for America to fix its broken supply chains and become less reliant on foreign nations for our critical needs," said Congressman Pascrell. "We have made enormous progress bringing jobs and industrial capacity home but lots of work remains. This legislation will fill a big piece of the puzzle and bring our nation even closer to where we need to be by incentivizing crucial investments in Puerto Rico."

"Throughout the country, Americans are continuing to suffer from shortages in critical medications because our pharmaceutical supply chain relies too heavily on foreign sources – especially those located in China – which are vulnerable to disruptions amidst growing Chinese aggression," said Congressman Bilirakis. "I’m proud to be working with my colleagues on this important legislation that will solve this problem by encouraging the development of medications that are Made in the USA."

"The COVID-19 pandemic highlighted the precariousness of our supply chains and the negative impact that shortages can have on working families," said Congresswoman Velázquez. "Resilient supply chains are imperative to protecting consumers and national security, and we must work to move key production facilities back to the United States."

"The global economic crisis of the past few years was a wakeup call to the vulnerabilities of our supply chains," said Congressman Lawler. "That’s why I’m proud to join colleagues from both parties in introducing this act."

"I have spent much of my time working to bring back critical industries," said Delegate James Moylan. "The Supply Chain Security and Growth Act is a practical measure which would offer tax incentives."