US HB1415 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on April 9 2013 - 25% progression, died in committee
Action: 2013-04-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 9 2013 - 25% progression, died in committee
Action: 2013-04-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Innovative Technologies Investment Incentive Act of 2013 - Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500 employees in a taxable year. Establishes a national innovative technology investment credit limitation of $500 million.
Title
Innovative Technologies Investment Incentive Act of 2013
Sponsors
| Sen. Chris Van Hollen [D-MD] | Rep. John Garamendi [D-CA] | Rep. Betty McCollum [D-MN] | Rep. Jared Polis [D-CO] |
| Rep. Raul Ruiz [D-CA] | Rep. C.A. Ruppersberger [D-MD] | Rep. Allyson Schwartz [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2013-04-09 | House | Referred to the House Committee on Ways and Means. |
Subjects
Advanced technology and technological innovations
Financial services and investments
Health technology, devices, supplies
Income tax credits
Securities
Small business
Taxation
Financial services and investments
Health technology, devices, supplies
Income tax credits
Securities
Small business
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/1415/all-info |
| Text | https://www.congress.gov/113/bills/hr1415/BILLS-113hr1415ih.pdf |
