HR 5187 · 114th Congress · Taxation

REACH Act of 2016

Introduced 2016-05-10· Sponsored by Rep. Tiberi, Patrick J. [R-OH-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.(2016-05-10)

Plain Language Summary

[AI summary unavailable — showing source text] Research and Experimentation Advances Competitiveness at Home Act of 2016 or the REACH Act of 2016 This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).…

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

Cosponsors (20)

3 Democrats17 Republicans
Rep. Larson, John B. [D-CT-1]CT
Rep. Neal, Richard E. [D-MA-1]MA
Rep. Smith, Jason [R-MO-8]MO
Rep. Sessions, Pete [R-TX-32]TX
Rep. Blum, Rod [R-IA-1]IA
Rep. Knight, Stephen [R-CA-25]CA
Rep. Nunes, Devin [R-CA-22]CA
Rep. Rouzer, David [R-NC-7]NC
Rep. Calvert, Ken [R-CA-42]CA
Rep. Cramer, Kevin [R-ND-At Large]ND
Rep. Brownley, Julia [D-CA-26]CA
Rep. Simpson, Michael K. [R-ID-2]ID
Rep. Valadao, David G. [R-CA-21]CA
Rep. Wagner, Ann [R-MO-2]MO
Rep. Walorski, Jackie [R-IN-2]IN
Rep. Bost, Mike [R-IL-12]IL
Rep. Lucas, Frank D. [R-OK-3]OK
Rep. Renacci, James B. [R-OH-16]OH
Rep. Graves, Sam [R-MO-6]MO
Rep. Moolenaar, John R. [R-MI-4]MI