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- H.R.942
H.R.942: American Research and Competitiveness Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 8, 2011
- Latest Major Action March 8, 2011
Bill Sponsor
Bill Cosponsors
106 (45 Democrats, 61 Republicans)
Bill Summary
American Research and Competitiveness Act of 2011 - Amends the Internal Revenue Code to: (1) extend through December 31, 2012, the tax credit for increasing research activities; and (2) increase the rate of the alternative simplified tax credit to 20% and make such credit permanent.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
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March 8, 2011 |
Introduced in the House by Kevin Brady (R-Texas) |