HR 880 · 114th Congress · Taxation
American Research and Competitiveness Act of 2015
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate.(2015-05-21)
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Plain Language Summary
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American Research and Competitiveness Act of 2015 Amends the Internal Revenue Code to: (1) revise the formula for calculating the amount of the reseach tax credit, (2) make such revised credit permanent, and (3) allow a portion of the research credit as an offset against the alternative minimum tax of an eligible small business.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 880, American Research and Competitiveness Act of 2015
Feb 19, 2015As ordered reported by the House Committee on Ways and Means on February 12, 2015
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
3 Democrats17 Republicans