3.0.0 2823 2025-12-05T08:16:15Z 2025-12-05T08:16:15Z Senate S S 2023-09-14 118 https://www.congress.gov/bill/118th-congress/senate-bill/2823 ssfi00 Finance Committee Senate Standing Referred To 2023-09-14T19:06:58Z 118 866 S 2023-03-16 Read twice and referred to the Committee on Finance. Related bill CRS 2023-09-14 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2023-09-14 Introduced in Senate IntroReferral 10000 9 Library of Congress R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL N Taxation Taxation 2023-09-22T15:30:25Z

00 2023-09-14 Introduced in Senate 2023-09-25T15:58:33Z <p><strong>Securing America's R&amp;D Advantage Act</strong></p> <p> This bill revises and expands the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures. It also allows the amortization over a period of at least 60 months of certain other types of research and experimental expenditures not treated as expenses. The bill prohibits the expensing of such research and experimentation expenditures if they are conducted in North Korea, China, Russia, or Iran. </p> <p>The bill increases the maximum amount eligible for the tax credit for new and small businesses and increases to 20% the rate of the credit for business startups.</p>

Display Title 45 2024-07-24T15:20:27Z Short Title(s) as Introduced 101 2024-05-24T13:36:31Z Introduced in Senate IS Official Title as Introduced 6 2023-09-20T02:43:59Z Introduced in Senate IS Introduced in Senate 2023-09-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s2823is/xml/BILLS-118s2823is.xml 2023-09-14 Read twice and referred to the Committee on Finance. 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.