HR 7279
117th Congress
House
Taxation
Mental Health Research Accelerator Act of 2022
Introduced: March 29, 2022
Introduced by:
Thompson, Mike
Democratic
· California
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 29, 2022
Referred to the House Committee on Ways and Means.
Mar 29, 2022
Introduced in House
Plain-English summary
Mental Health Research Accelerator Act of 2022
This bill allows a tax credit through 2031 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2022, $2 billion in 2023-2027, and $1 billion in 2028.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1