3.0.0 5821 2024-07-24T15:20:13Z 2024-07-24T15:20:13Z House H HR 2023-09-28 118 [Congressional Record Volume 169, Number 158 (Thursday, September 28, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. THOMPSON of California:H.R. 5821.Congress has the power to enact this legislation pursuantto the following:Article IThe single subject of this legislation is:To accelerate mental health research.[Page H4857]]]> hswm00 Ways and Means Committee House Standing Referred to 2023-09-28T13:03:35Z 2023-09-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-09-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-09-28 Introduced in House IntroReferral 1000 9 Library of Congress T000460 Rep. Thompson, Mike [D-CA-4] MIKE THOMPSON D CA 4 N K000376 Rep. Kelly, Mike [R-PA-16] Mike Kelly R PA 16 2023-09-28 True M001163 Rep. Matsui, Doris O. [D-CA-7] Doris Matsui D CA O. 7 2023-10-03 False G000559 Rep. Garamendi, John [D-CA-8] John Garamendi D CA 8 2023-10-03 False Taxation Taxation 2023-10-20T17:00:26Z 00 2023-09-28 Introduced in House 2023-10-25T20:11:21Z Mental Health Research Accelerator Act of 2023

This bill allows a tax credit through 2033 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 2024, $2 billion in 2025-2028, and $1 billion in 2029.

]]> Mental Health Research Accelerator Act of 2023 Display Title 45 Mental Health Research Accelerator Act of 2023 2024-07-24T15:20:13Z Short Title(s) as Introduced 101 Mental Health Research Accelerator Act of 2023 2024-05-24T13:35:59Z Introduced in House IH Official Title as Introduced 6 To amend the Internal Revenue Code of 1986 to provide for a credit against tax for expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. 2024-03-18T21:31:27Z Introduced in House IH Introduced in House 2023-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr5821ih/xml/BILLS-118hr5821ih.xml 2023-09-28 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.