HR 1852 · 114th Congress · Taxation
21st Century Investment Act of 2015
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2015-04-16)
Plain Language Summary
[AI summary unavailable — showing source text]
21st Century Investment Act of 2015 Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2024, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.…
Summarized by Claude AI · Non-partisan · For informational purposes only