Politiparty
Politiparty

118th Congress Taxation

H.R. 2673: American Innovation and R&D Competitiveness Act of 2023

Introduced

  1. Introduced (completed)Apr 18, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 18, 2023

This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

223

Bipartisan support.

Who scored on this bill

24 points earned
  1. 1Ron Estes R-KS SponsorDrew cross-party cosponsors, reached a cosponsor milestone, introduced5 events+24
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Ron Estes

History

  1. Apr 18, 2023Introduced in the House by Ron Estes.
Show the full action history (3 actions)
  1. Apr 20, 2023Sponsor introductory remarks on measure. (CR H1898)
  2. Apr 18, 2023Introduced in House
  3. Apr 18, 2023Referred to the House Committee on Ways and Means.