<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>1732</number>
    <updateDate>2019-02-20T20:53:28Z</updateDate>
    <updateDateIncludingText>2019-02-23T21:35:20Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-05-04</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. VAN HOLLEN:H.R. 1732.Congress has the power to enact this legislation pursuantto the following:This legislation is consistent with Sections 7 and 8 ofArticle I of the United States Constitution and the SixteenthAmendment to the United States Constitution.[Page H3062]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
      <item>
        <systemCode>hswm00</systemCode>
        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2011-05-04T14:03:00Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2011-05-04</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hswm00</systemCode>
            <name>Ways and Means Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2011-05-04</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2011-05-04</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>V000128</bioguideId>
        <fullName>Rep. Van Hollen, Chris [D-MD-8]</fullName>
        <firstName>Chris</firstName>
        <lastName>Van Hollen</lastName>
        <party>D</party>
        <state>MD</state>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>R000576</bioguideId>
        <fullName>Rep. Ruppersberger, C. A. Dutch [D-MD-2]</fullName>
        <firstName>C. A.</firstName>
        <lastName>Ruppersberger</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>Dutch</middleName>
        <district>2</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001162</bioguideId>
        <fullName>Rep. Schwartz, Allyson Y. [D-PA-13]</fullName>
        <firstName>Allyson</firstName>
        <lastName>Schwartz</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>Y.</middleName>
        <district>13</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001143</bioguideId>
        <fullName>Rep. McCollum, Betty [D-MN-4]</fullName>
        <firstName>BETTY</firstName>
        <lastName>MCCOLLUM</lastName>
        <party>D</party>
        <state>MN</state>
        <district>4</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000559</bioguideId>
        <fullName>Rep. Garamendi, John [D-CA-10]</fullName>
        <firstName>John</firstName>
        <lastName>Garamendi</lastName>
        <party>D</party>
        <state>CA</state>
        <district>10</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000598</bioguideId>
        <fullName>Rep. Polis, Jared [D-CO-2]</fullName>
        <firstName>Jared</firstName>
        <lastName>Polis</lastName>
        <party>D</party>
        <state>CO</state>
        <district>2</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001165</bioguideId>
        <fullName>Rep. Sires, Albio [D-NJ-13]</fullName>
        <firstName>Albio</firstName>
        <lastName>Sires</lastName>
        <party>D</party>
        <state>NJ</state>
        <district>13</district>
        <sponsorshipDate>2011-05-25</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000011</bioguideId>
        <fullName>Rep. Rahall, Nick J., II [D-WV-3]</fullName>
        <firstName>NICK</firstName>
        <lastName>RAHALL</lastName>
        <party>D</party>
        <state>WV</state>
        <middleName>J.</middleName>
        <district>3</district>
        <sponsorshipDate>2011-07-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Advanced technology and technological innovations</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Health technology, devices, supplies</name>
        </item>
        <item>
          <name>Income tax credits</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-05-04</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-06-15T14:54:13Z</updateDate>
        <text><![CDATA[ <p>Innovative Technologies Investment Incentive Act of 2011- 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.<br> </p>]]></text>
      </summary>
    </summaries>
    <title>Innovative Technologies Investment Incentive Act of 2011</title>
    <titles>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Innovative Technologies Investment Incentive Act of 2011</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Innovative Technologies Investment Incentive Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to allow a credit for equity investments in high technology and biotechnology small business concerns developing innovative technologies that stimulate private sector job growth.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2011-05-04T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr1732ih/xml/BILLS-112hr1732ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2011-05-04</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
  </dublinCore>
</billStatus>
