HR 942 · 112th Congress · Taxation

American Research and Competitiveness Act of 2011

Introduced 2011-03-08· Sponsored by Rep. Brady, Kevin [R-TX-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2011-03-08)

Plain Language Summary

[AI summary unavailable — showing source text] American Research and Competitiveness Act of 2011 - Amends the Internal Revenue Code to: (1) extend through December 31, 2012, the tax credit for increasing research activities; and (2) increase the rate of the alternative simplified tax credit to 20% and make such credit permanent.…

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

Cosponsors (20)

9 Democrats11 Republicans