Bill114th CongressFiled Apr 16, 2015Taxation
H.R. 1852
21st Century Investment Act of 2015
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Apr 16, 2015)
21st Century Investment Act of 2015
Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2024, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.
What just happenedApr 16, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Edwards, Donna F. [D-MD-4](D-MD)Sponsor
7 cosponsors7 D
7cosponsors1committees3actions4subjects
- Introduced in HouseApr 16, 2015
- Apr 16, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 16, 2015IntroReferralIntro-H
Introduced in House
- Apr 16, 2015IntroReferral1000
Introduced in House