HR 942
112th Congress
House
Taxation
Income tax credits
Research and development
American Research and Competitiveness Act of 2011
Introduced: March 8, 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
Mar 8, 2011
Referred to the House Committee on Ways and Means.
Mar 8, 2011
Introduced in House
Plain-English summary
American Research and Competitiveness Act of 2011 - Amends the Internal Revenue Code to: (1) extend through December 31, 2012, the tax credit for increasing research activities; and (2) increase the rate of the alternative simplified tax credit to 20% and make such credit permanent.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1