HR 1415
113th Congress
House
Taxation
Advanced technology and technological innovations
Financial services and investments
Health technology, devices, supplies
Income tax credits
Securities
Small business
Innovative Technologies Investment Incentive Act of 2013
Introduced: April 9, 2013
Introduced by:
Van Hollen, Chris
Democratic
· Maryland
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 9, 2013
Referred to the House Committee on Ways and Means.
Apr 9, 2013
Introduced in House
Plain-English summary
Innovative Technologies Investment Incentive Act of 2013 - Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500 employees in a taxable year. Establishes a national innovative technology investment credit limitation of $500 million.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1