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S 1577 112th Congress Senate

GROWTH Act

Official title: A bill to amend the Internal Revenue Code of 1986 to increase and make permanent the alternative simplified research credit, and for other purposes.

Introduced: May 15, 2012 See on congress.gov
Taxation Income tax creditsResearch and development
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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
Sep 19, 2011
Read twice and referred to the Committee on Finance.
Sep 19, 2011
Introduced in Senate
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 Latest action September 19, 2011

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Greater Research Opportunities with Tax Help Act or GROWTH Act - Amends the Internal Revenue Code to: (1) increase from 14% to 20% the rate of the tax credit for increasing research activities, (2) modify rules for calculating such credit, and (3) make such credit permanent.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 10
All 10 Democratic 7 Republican 3
D
Coons, Christopher A.
Delaware · Sep 11, 2012
 D
Shaheen, Jeanne
New Hampshire · Jul 19, 2012
 D
Merkley, Jeff
Oregon · May 15, 2012
 D
Schumer, Charles E.
New York · May 15, 2012
 R
Risch, James E.
Idaho · May 14, 2012
 D
Gillibrand, Kirsten E.
New York · Jan 26, 2012
 D
Cantwell, Maria
Washington · Sep 19, 2011
 R
Cornyn, John
Texas · Sep 19, 2011
 R
Crapo, Mike
Idaho · Sep 19, 2011
 D
Wyden, Ron
Oregon · Sep 19, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1577: GROWTH Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-1577/
MLA
"S. 1577: GROWTH Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1577/.
Bluebook (legal)
S. 1577, 112th Cong. (2026), https://openamerica.io/bill/112-S-1577/.
Markdown link
[S. 1577: GROWTH Act](https://openamerica.io/bill/112-S-1577/)
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