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- S.1577
S.1577: GROWTH Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Sept. 19, 2011
- Latest Major Action Sept. 19, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (12 Democrats, 7 Republicans)
Bill Summary
Greater Research Opportunities with Tax Help Act or GROWTH Act - Amends the Internal Revenue Code to: (1) increase from 14% to 20% the rate of the tax credit for increasing research activities, (2) modify rules for calculating such credit, and (3) make such credit permanent.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Sept. 19, 2011 |
Introduced in the Senate by Max Baucus (D-Mont.) |