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HR 2673 118th Congress House Taxation Business expenses Income tax deductions Research and development

American Innovation and R&D Competitiveness Act of 2023

Introduced: July 11, 2023 Introduced by: Estes, Ron Republican · Kansas See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Apr 20, 2023
Sponsor introductory remarks on measure. (CR H1898)
Apr 18, 2023
Referred to the House Committee on Ways and Means.
Apr 18, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

American Innovation and R&D Competitiveness Act of 2023

This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

What's happening now April 20, 2023

Sponsor introductory remarks on measure. (CR H1898)

 Related & companion bills 3
  • S 314 Related bill CREATE JOBS Act
  • S 866 Related bill American Innovation and Jobs Act
  • HR 7476 Related bill Countering Communist China Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 10

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 10 filings →
 Cosponsors 223
All 223 Democratic 84 Republican 98 Independent 1
D
Horsford, Steven
Nevada · Oct 15, 2024
 R
Lee, Laurel M.
Florida · Oct 15, 2024
 R
Rulli, Michael A.
Ohio · Oct 15, 2024
 D
Foster, Bill
Illinois · Jun 12, 2024
 D
Cleaver, Emanuel
Missouri · May 8, 2024
 D
Amo, Gabe
Rhode Island · Jan 25, 2024
 D
Garamendi, John
California · Jan 25, 2024
 R
Hinson, Ashley
Iowa · Jan 25, 2024
 R
Ogles, Andrew
Tennessee · Jan 25, 2024
 R
Rouzer, David
North Carolina · Jan 25, 2024
 D
Auchincloss, Jake
Massachusetts · Jan 9, 2024
 R
Baird, James R.
Indiana · Jan 9, 2024
 R
Bean, Aaron
Florida · Jan 9, 2024
Buck, Ken
· Jan 9, 2024
 R
Burchett, Tim
Tennessee · Jan 9, 2024
 R
Cammack, Kat
Florida · Jan 9, 2024
 R
De La Cruz, Monica
Texas · Jan 9, 2024
 R
Fry, Russell
South Carolina · Jan 9, 2024
Good, Bob
· Jan 9, 2024
Lamborn, Doug
· Jan 9, 2024
 R
McCormick, Richard
Georgia · Jan 9, 2024
 R
Miller-Meeks, Mariannette
Iowa · Jan 9, 2024
 R
Mills, Cory
Florida · Jan 9, 2024
 R
Obernolte, Jay
California · Jan 9, 2024
 R
Self, Keith
Texas · Jan 9, 2024
 R
Van Drew, Jefferson
New Jersey · Jan 9, 2024
 R
Edwards, Chuck
North Carolina · Dec 14, 2023
 D
Foushee, Valerie P.
North Carolina · Dec 14, 2023
 R
Garbarino, Andrew R.
New York · Dec 14, 2023
 D
Jacobs, Sara
California · Dec 14, 2023
Luetkemeyer, Blaine
· Dec 14, 2023
Nickel, Wiley
· Dec 14, 2023
 R
Hill, J. French
Arkansas · Nov 21, 2023
 D
Kim, Andy
New Jersey · Nov 21, 2023
 R
LaMalfa, Doug
California · Nov 21, 2023
 D
Pingree, Chellie
Maine · Nov 21, 2023
 D
Pocan, Mark
Wisconsin · Nov 21, 2023
 R
Thompson, Glenn
Pennsylvania · Nov 21, 2023
 D
Sykes, Emilia Strong
Ohio · Nov 9, 2023
 R
Turner, Michael R.
Ohio · Nov 9, 2023
 R
Banks, Jim
Indiana · Nov 7, 2023
 D
Dean, Madeleine
Pennsylvania · Nov 7, 2023
 R
Dunn, Neal P.
Florida · Nov 7, 2023
 R
Langworthy, Nicholas A.
New York · Nov 7, 2023
 D
Plaskett, Stacey E.
Virgin Islands · Nov 7, 2023
Sarbanes, John
· Nov 7, 2023
 D
Gallego, Ruben
Arizona · Oct 24, 2023
Higgins, Brian
· Oct 24, 2023
 D
Lee, Summer L.
Pennsylvania · Oct 24, 2023
 D
McCollum, Betty
Minnesota · Oct 24, 2023
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2673: American Innovation and R&D Competitiveness Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-2673/
MLA
"H.R. 2673: American Innovation and R&D Competitiveness Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-2673/.
Bluebook (legal)
H.R. 2673, 118th Cong. (2026), https://openamerica.io/bill/118-HR-2673/.
Markdown link
[H.R. 2673: American Innovation and R&D Competitiveness Act of 2023](https://openamerica.io/bill/118-HR-2673/)
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