REACH Act of 2016

3.0.0 5187 2023-01-11T13:33:04Z 2023-01-11T13:33:04Z House HR 2016-05-10 114 [Congressional Record Volume 162, Number 73 (Tuesday, May 10, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. TIBERI:H.R. 5187.Congress has the power to enact this legislation pursuantto the following:Article I Section 8[Page H2214]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-05-10T16:01:25Z 2016-05-10 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-05-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-05-10 Introduced in House IntroReferral 1000 9 Library of Congress T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 N L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2016-05-10 True N000015 Rep. Neal, Richard E. [D-MA-1] RICHARD NEAL D MA E. 1 2016-05-11 False S001195 Rep. Smith, Jason [R-MO-8] Jason Smith R MO 8 2016-05-23 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2016-06-07 False B001294 Rep. Blum, Rod [R-IA-1] Rod Blum R IA 1 2016-06-13 False K000387 Rep. Knight, Stephen [R-CA-25] Stephen Knight R CA 25 2016-06-13 False N000181 Rep. Nunes, Devin [R-CA-22] Devin Nunes R CA 22 2016-06-13 False R000603 Rep. Rouzer, David [R-NC-7] David Rouzer R NC 7 2016-06-22 False C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2016-07-06 False C001096 Rep. Cramer, Kevin [R-ND-At Large] Kevin Cramer R ND 0 2016-07-06 False B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2016-07-06 False S001148 Rep. Simpson, Michael K. [R-ID-2] MICHAEL SIMPSON R ID K. 2 2016-07-06 False V000129 Rep. Valadao, David G. [R-CA-21] David Valadao R CA G. 21 2016-07-07 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2016-07-07 False W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2016-07-11 False B001295 Rep. Bost, Mike [R-IL-12] Mike Bost R IL 12 2016-07-12 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2016-07-12 False R000586 Rep. Renacci, James B. [R-OH-16] James Renacci R OH B. 16 2016-07-13 False G000546 Rep. Graves, Sam [R-MO-6] SAM GRAVES R MO 6 2016-07-13 False M001194 Rep. Moolenaar, John R. [R-MI-4] John Moolenaar R MI R. 4 2016-09-12 False L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2016-09-12 False L000578 Rep. LaMalfa, Doug [R-CA-1] Doug LaMalfa R CA 1 2016-09-28 False Taxation Business expenses Income tax credits Research and development Taxation

00 2016-05-10 Introduced in House 2016-05-16T14:52:06Z Research and Experimentation Advances Competitiveness at Home Act of 2016 or the REACH Act of 2016

This bill amends the Internal Revenue Code to increase the alternative simplified tax credit for research expenses to 20% from the existing rate of 14% (12% for years ending before January 1, 2009).

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REACH Act of 2016 Display Title REACH Act of 2016 Official Title as Introduced To amend the Internal Revenue Code of 1986 to increase the alternative simplified credit for research expenses. Introduced in House IH Short Titles as Introduced REACH Act of 2016 Short Titles as Introduced Research and Experimentation Advances Competitiveness at Home Act of 2016 Introduced in House 2016-05-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5187ih/xml/BILLS-114hr5187ih.xml 2016-05-10 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.