Research and Development Tax Credit Expansion Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4933 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4933 To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES August 8, 2025 Mr. Neguse introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Research and Development Tax Credit Expansion Act of 2025''. SEC. 2. EXPANSION OF REFUNDABLE RESEARCH CREDIT FOR NEW AND SMALL BUSINESSES. (a) Adjustment for Inflation.--Paragraph (4) of section 41(h) of such Code is amended-- (1) by redesignating subparagraph (C) as subparagra…