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H.R.4438: American Research and Competitiveness Act of 2014

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about taxation
You can read the bill
Sponsor Kevin Brady, R-Texas
Total Cosponsors 23 (9 Democrats, 14 Republicans)
Introduced April 9, 2014
Latest Major Action May 12, 2014
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

American Research and Competitiveness Act of 2014 - Amends the Internal Revenue Code to establish a permanent research tax credit that allows for: (1) 20% of the qualified or basic research expenses that exceed 50% of the average qualified or basic research expenses for the 3 preceding taxable years, and (2) 20% of amounts paid to an energy research consortium for energy research. Reduces such credit rate to 10% if a taxpayer has no qualified research expenses in any one of the 3 preceding taxable years.

Prohibits the entry of the budgetary effects of this Act on any PAYGO scorecard.

(Source: Congressional Research Service)

Bill Actions

Date Description
May 12, 2014 Received in the Senate.
May 9, 2014 Motion to reconsider laid on the table Agreed to without objection.
May 9, 2014

On passage Passed by the Yeas and Nays: 274 - 131 (Roll no. 211). (text: CR 5/8/2014 H3980-3981)

May 9, 2014

On motion to recommit with instructions Failed by the Yeas and Nays: 191 - 209 (Roll no. 210).

May 9, 2014 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H4022)
May 9, 2014 DEBATE - The House proceeded with 10 minutes of debate on the Kirkpatrick motion to recommit with instructions. The instructions contained in the motion seek to ensure that businesses can only claim the Research and Development credit for expenses attributable to wages if they: (1) guarantee female employees receive equal pay for equal work; (2) give priority to hiring unemployed Americans, especially veterans; and (3) do not outsource American jobs. Additionally, the motion ensures that the underlying legislation cannot take effect if it increases the deficit.
May 9, 2014 Mrs. Kirkpatrick moved to recommit with instructions to the Committee on Ways and Means. (consideration: CR H4021-4022; text: CR H4021)
May 9, 2014 Considered as unfinished business. (consideration: CR H4021-4023)
May 8, 2014 POSTPONED PROCEEDINGS - The Chair announced that pursuant to clause 1(c) of rule 19, further proceedings on H.R. 4438 would be postponed.
May 8, 2014 The previous question was ordered pursuant to the rule. (consideration: CR H3988)
May 8, 2014 DEBATE - The House resumed with the remaining 28 and 3/4 minutes of debate.
May 8, 2014 Considered as unfinished business. (consideration: CR H3985-3988)
May 8, 2014 DEBATE - The House proceeded with one hour of debate on H.R. 4438.
May 8, 2014 Rule provides for consideration of H.R. 4438 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted.
May 8, 2014 Considered under the provisions of rule H. Res. 569. (consideration: CR H3980-3985; text of measure as reported in House: CR H3980-3981)
May 7, 2014 Rule H. Res. 569 passed House.
May 6, 2014 Rules Committee Resolution H. Res. 569 Reported to House. Rule provides for consideration of H.R. 4438 with 1 hour and 30 minutes of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. All points of order against consideration of the bill are waived. The amendment in the nature of a substitute recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted.
May 2, 2014 Placed on the Union Calendar, Calendar No. 319.
May 2, 2014 Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-431.
April 29, 2014 Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 12.
April 29, 2014 Committee Consideration and Mark-up Session Held.
April 9, 2014 Referred to the House Committee on Ways and Means.