Bill113th Congress

H.R. 1415

Innovative Technologies Investment Incentive Act of 2013

Ask AI
Introduced
Apr 9, 2013
Origin Chamber
House
Policy Area
Taxation
Latest Action
Apr 9, 2013

Sponsor

Rep. Van Hollen, Chris [D-MD-8]

Democrat·MD-8
Bioguide ID: V000128
First Name: Chris
Last Name: Van Hollen
By Request: N
6
Cosponsors
1
Committees
3
Actions
0
Amendments
0
Related Bills
6
Subjects
1
Summaries
3
Titles
1
Text Versions

Bill Details

Update Date
Nov 15, 2022
Origin Chamber
House
Bill Type
HR
Bill Number
1,415
Congress
113
Introduced Date
Apr 9, 2013
Policy Area
Taxation
Is Law
No
Apr 9, 2013IntroReferralH11100

Referred to the House Committee on Ways and Means.

Source: House floor actions

Apr 9, 2013IntroReferralIntro-H

Introduced in House

Source: Library of Congress

Apr 9, 2013IntroReferral1000

Introduced in House

Source: Library of Congress

Introduced in House· Apr 9, 20130

Innovative Technologies Investment Incentive Act of 2013 - Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500 employees in a taxable year. Establishes a national innovative technology investment credit limitation of $500 million.

Ways and Means Committee

House· Standing
Advanced technology and technological innovationsFinancial services and investmentsHealth technology, devices, suppliesIncome tax creditsSecuritiesSmall business

Introduced in House

Apr 9, 2013