HR 689
112th Congress
House
Taxation
Income tax credits
Income tax deductions
Manufacturing
Research and development
21st Century Investment Act of 2011
Introduced: February 14, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 2011
Referred to the House Committee on Ways and Means.
Feb 14, 2011
Introduced in House
Plain-English summary
21st Century Investment Act of 2011- Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research expenses, (2) increase such credit for amounts paid or incurred for research substantially all of which occurs in the United States, and (3) increase through December 31, 2020, the domestic production activities tax deduction for income attributable to the manufacture or production of property with respect to which substantially all of the research and development occurred in the United States.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1