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H.R. 3537

BillFederalHouseIn Committee
21st Century Investment Act of 2013
About This Bill
Committee
Latest Action · November 19, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
November 19, 2013
Cosponsors (9)
9D 0R
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Summary

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21st Century Investment Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2022, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.

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