US HB5187 | 2015-2016 | 114th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 20-3)
Status: Introduced on May 10 2016 - 25% progression, died in committee
Action: 2016-05-10 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

REACH Act of 2016 Research and Experimentation Advances Competitiveness at Home Act of 2016 This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).

Tracking Information

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Title

REACH Act of 2016 Research and Experimentation Advances Competitiveness at Home Act of 2016

Sponsors


History

DateChamberAction
2016-05-10HouseReferred to the House Committee on Ways and Means.
2016-05-10HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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