Bill118th CongressFiled Apr 18, 2023Taxation
H.R. 2673
American Innovation and R&D Competitiveness Act of 2023
Bill journey · stage 1 of 5
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FiledFiled
CommitteeComm.
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Became LawLaw
What it doesSummary introduced in house (Apr 18, 2023)
American Innovation and R&D Competitiveness Act of 2023
This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
What just happenedApr 20, 2023
Sponsor introductory remarks on measure. (CR H1898)
Who’s behind it
Rep. Estes, Ron [R-KS-4](R-KS)Sponsor
223 cosponsors105 D118 R
223cosponsors1committees4actions3related bills3subjects
- Introduced in HouseApr 18, 2023
- Apr 20, 2023IntroReferralB00100
Sponsor introductory remarks on measure. (CR H1898)
- Apr 18, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 18, 2023IntroReferralIntro-H
Introduced in House
- Apr 18, 2023IntroReferral1000
Introduced in House