Skip to main content
HR 6109 112th Congress House

Investing in American Innovation Act of 2012

Official title: To amend the Internal Revenue Code of 1986 to extend the research and development tax credit, to limit treaty benefits with respect to certain deductible relat… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to extend the research and development tax credit, to limit treaty benefits with respect to certain deductible related-party payments, and to treat general aviation aircraft as 7-year property.

Introduced: July 12, 2012 See on congress.gov
Taxation Administrative law and regulatory proceduresAviation and airportsBusiness investment and capitalCorporate finance and management
More subjectsShow fewer subjects
Department of the TreasuryEmployment taxesForeign and international corporationsIncome tax creditsIncome tax deductionsInternational law and treatiesMotor vehiclesResearch and developmentTaxation of foreign income
Sign in to write a letter Sign in to watch
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2012
Introduced in House
Jul 12, 2012
Referred to the House Committee on Ways and Means.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action July 12, 2012

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Investing in American Innovation Act of 2012 - Amends the Internal Revenue Code to: (1) extend through 2012 the tax credit for increasing research activities; (2) prohibit a reduction under any treaty of the United States of tax withholding for a tax deductible payment made between persons who are members of the same foreign controlled group of entities unless there would be a similar reduction for payments made directly to the foreign parent corporation of such entities; and (3) classify general aviation aircraft as seven-year property for purposes of the depreciation tax deduction (currently, expenses for aircraft can be deducted or expensed in the current taxable year). Defines "general aviation aircraft" as any airplane or helicopter not used in commercial or contract carrying of passengers or freight, but which primarily engages in the carrying of passengers.

 Related & companion bills 2
  • HR 64 Related bill To amend the Internal Revenue Code of 1986 to prevent corporations from exploiting tax treaties to evade taxation of Un…
  • HR 4199 Related bill Jets for Vets Act of 2012
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 1
BECERRA, XAVIER
· Jul 12, 2012
BERKLEY, SHELLEY
· Jul 12, 2012
Blumenauer, Earl
· Jul 12, 2012
CROWLEY, JOSEPH
· Jul 12, 2012
KIND, RON
· Jul 12, 2012
LEWIS, JOHN
· Jul 12, 2012
MCDERMOTT, JIM
· Jul 12, 2012
 D
Neal, Richard E.
Massachusetts · Jul 12, 2012
Pascrell, Bill
· Jul 12, 2012
RANGEL, CHARLES
· Jul 12, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6109: Investing in American Innovation Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6109/
MLA
"H.R. 6109: Investing in American Innovation Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6109/.
Bluebook (legal)
H.R. 6109, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6109/.
Markdown link
[H.R. 6109: Investing in American Innovation Act of 2012](https://openamerica.io/bill/112-HR-6109/)
Report a problem