Skip to main content
HR 7766 116th Congress House Taxation Business expenses Income tax credits Research and development Small business

To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.

Introduced: July 23, 2020 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 23, 2020
Referred to the Subcommittee on Select Revenue Measures.
Jul 23, 2020
Referred to the House Committee on Ways and Means.
Jul 23, 2020
Introduced in House
 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.

 Plain-English summary Congressional Research Service

This bill increases from 20% to 40% the rate of the tax credit for increasing research activities. It also increases the rate of the alternative simplified research credit and the credit rate where there have been no research expenses for the preceding three years.

The bill also increases the amount of research expenses for purposes of calculating the payroll tax credit allowed to certain small businesses.

What's happening now July 23, 2020

Referred to the Subcommittee on Select Revenue Measures.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Republican 2
R
Hern, Kevin
Oklahoma · Sep 16, 2020
 R
Arrington, Jodey C.
Texas · Jul 23, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7766: To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7766/
MLA
"H.R. 7766: To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7766/.
Bluebook (legal)
H.R. 7766, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7766/.
Markdown link
[H.R. 7766: To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.](https://openamerica.io/bill/116-HR-7766/)
Report a problem