US HB3537 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on November 19 2013 - 25% progression, died in committee
Action: 2013-11-19 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

21st Century Investment Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2022, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.

Tracking Information

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Title

21st Century Investment Act of 2013

Sponsors


History

DateChamberAction
2013-11-19HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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