Bill116th CongressFiled Sep 27, 2019Taxation
H.R. 4549
AICA Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 27, 2019)
American Innovation and Competitiveness Act of 2019 or the AICA Act of 2019
This bill eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
What just happenedSep 27, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Larson, John B. [D-CT-1](D-CT)Sponsor
35 cosponsors17 D18 R
35cosponsors1committees3actions1related bills5subjects
- Introduced in HouseSep 27, 2019
- Sep 27, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 27, 2019IntroReferralIntro-H
Introduced in House
- Sep 27, 2019IntroReferral1000
Introduced in House