Bill118th CongressFiled Sep 28, 2023Taxation
H.R. 5821
Mental Health Research Accelerator Act of 2023
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 28, 2023)
Mental Health Research Accelerator Act of 2023
This bill allows a tax credit through 2033 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2024, $2 billion in 2025-2028, and $1 billion in 2029.
What just happenedSep 28, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Thompson, Mike [D-CA-4](D-CA)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees3actions
- Introduced in HouseSep 28, 2023
- Sep 28, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 28, 2023IntroReferralIntro-H
Introduced in House
- Sep 28, 2023IntroReferral1000
Introduced in House