S 1577 · 112th Congress · Taxation

GROWTH Act

Introduced 2011-09-19· Sponsored by Sen. Baucus, Max [D-MT]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2011-09-19)

Plain Language Summary

[AI summary unavailable — showing source text] Greater Research Opportunities with Tax Help Act or GROWTH Act - Amends the Internal Revenue Code to: (1) increase from 14% to 20% the rate of the tax credit for increasing research activities, (2) modify rules for calculating such credit, and (3) make such credit permanent.…

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

Cosponsors (19)

12 Democrats7 Republicans
Sen. Hatch, Orrin G. [R-UT]UT
Sen. Kerry, John F. [D-MA]MA
Sen. Snowe, Olympia J. [R-ME]ME
Sen. Wyden, Ron [D-OR]OR
Sen. Crapo, Mike [R-ID]ID
Sen. Stabenow, Debbie [D-MI]MI
Sen. Cornyn, John [R-TX]TX
Sen. Cantwell, Maria [D-WA]WA
Sen. Menendez, Robert [D-NJ]NJ
Sen. Roberts, Pat [R-KS]KS
Sen. Franken, Al [D-MN]MN
Sen. Gillibrand, Kirsten E. [D-NY]NY
Sen. Brown, Scott P. [R-MA]MA
Sen. Risch, James E. [R-ID]ID
Sen. Hagan, Kay R. [D-NC]NC
Sen. Schumer, Charles E. [D-NY]NY
Sen. Merkley, Jeff [D-OR]OR
Sen. Shaheen, Jeanne [D-NH]NH
Sen. Coons, Christopher A. [D-DE]DE