HR 2138 · 110th Congress · Taxation

Investment in America Act of 2007

Introduced 2007-05-03· Sponsored by Rep. Levin, Sander M. [D-MI-12]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-05-03)

Plain Language Summary

[AI summary unavailable — showing source text] Investment in America Act of 2007 - Amends the Internal Revenue Code to: (1) increase from 12 to 20% the rate of the alternative simplified tax credit for research expenses; (2) make permanent the tax credit for increasing research activities; and (3) repeal the alternative incremental tax credit for research expenses.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

10 Democrats10 Republicans
Rep. Camp, Dave [R-MI-4]MI
Rep. McDermott, Jim [D-WA-7]WA
Rep. Herger, Wally [R-CA-2]CA
Rep. Lewis, John [D-GA-5]GA
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Neal, Richard E. [D-MA-2]MA
Rep. Johnson, Sam [R-TX-3]TX
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. English, Phil [R-PA-3]PA
Rep. Jones, Stephanie Tubbs [D-OH-11]OH
Rep. Weller, Jerry [R-IL-11]IL
Rep. Larson, John B. [D-CT-1]CT
Rep. Hulshof, Kenny C. [R-MO-9]MO
Rep. Emanuel, Rahm [D-IL-5]IL
Rep. Lewis, Ron [R-KY-2]KY
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Brady, Kevin [R-TX-8]TX
Rep. Kind, Ron [D-WI-3]WI
Rep. Reynolds, Thomas M. [R-NY-26]NY
Rep. Pascrell, Bill, Jr. [D-NJ-8]NJ