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- H.R.2671
H.R.2671: 21st Century Investment Act of 2017
About This Bill
- Introduced May 25, 2017
- Latest Major Action May 25, 2017
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Version
- Introduced in House - May 25, 2017
Bill Summary
21st Century Investment Act of 2017 This bill amends the Internal Revenue Code to: (1) modify the tax credit for increasing research activities to allow an increased 25% tax credit rate for expenses for research, substantially all of which occurs in the United States; and (2) increase to 15%, through 2024, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
May 25, 2017 |
Referred to the House Committee on Ways and Means.
|
May 25, 2017 |
Introduced in the House by Anthony Brown (D-Md.) |