US SB2823 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 14 2023 - 25% progression, died in committee
Action: 2023-09-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 14 2023 - 25% progression, died in committee
Action: 2023-09-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to safeguard beneficial tax treatment on certain expenses from bolstering the research and development sectors in foreign entities of concern.
Title
Securing America’s R&D Advantage Act
Sponsors
| Sen. Marco Rubio [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-09-14 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB866 (Related) 2023-03-16 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/2823/all-info |
| Text | https://www.congress.gov/118/bills/s2823/BILLS-118s2823is.pdf |
