HR 5821 · 118th Congress · Taxation

Mental Health Research Accelerator Act of 2023

Introduced 2023-09-28· Sponsored by Rep. Thompson, Mike [D-CA-4]· 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.(2023-09-28)

Plain Language Summary

[AI summary unavailable — showing source text] Mental Health Research Accelerator Act of 2023 This bill allows a tax credit through 2033 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2024, $2 billion in 2025-2028, and $1 billion in 2029.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. Kelly, Mike [R-PA-16]PA
Rep. Matsui, Doris O. [D-CA-7]CA
Rep. Garamendi, John [D-CA-8]CA