Bill114th CongressFiled May 10, 2016Taxation
H.R. 5187
REACH Act of 2016
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (May 10, 2016)
Research and Experimentation Advances Competitiveness at Home Act of 2016 or the REACH Act of 2016
This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).
What just happenedMay 10, 2016
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Tiberi, Patrick J. [R-OH-12](R-OH)Sponsor
22 cosponsors3 D19 R
22cosponsors1committees3actions3subjects
- Introduced in HouseMay 10, 2016
- May 10, 2016IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 10, 2016IntroReferralIntro-H
Introduced in House
- May 10, 2016IntroReferral1000
Introduced in House