To amend the Internal Revenue Code of 1986 to increase the research credit with respect to amounts paid or incurred for qualified research occurring in the United States.
21st Century Investment Act of 2019
This bill modifies the tax credit for increasing research activities to allow an increased 25% tax credit rate for amounts paid or incurred to any person (other than an employee of the taxpayer) for research, substantially all of which occurs in the United States.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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