US Congress Senate Bill 3307 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on June 18 2012 - 25% progression, died in committee
Action: 2012-06-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

21st Century Investment Act of 2012 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities, (2) increase such credit for amounts paid or incurred for research substantially all of which occurs in the United States, (3) increase the rate of the simplified research tax credit, and (4) increase through December 31, 2020, the domestic production activities tax deduction for income attributable to the manufacture or production of property with respect to which substantially all of the research and development occurred in the United States.

21st Century Investment Act of 2012

Sen. Sherrod Brown [D-OH]

Sen. Robert Casey [D-PA]

Date	Chamber	Action
2012-06-18	Senate	Read twice and referred to the Committee on Finance.

HB689 (Related) 2011-02-14 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/3307/all-info
Text	https://www.congress.gov/112/bills/s3307/BILLS-112s3307is.pdf