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United States · Bill · HR

H.R. 2671 (115th)

21st Century Investment Act of 2017

referredUnited States· United States Congress· EN

Introduced

25 May 2017

Last action

25 May 2017 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Brown, Anthony G. [D-MD-4], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Keating, William R. [D-MA-9], Rep. Lujan Grisham, Michelle [D-NM-1], Rep. Cummings, Elijah E. [D-MD-7], Rep. Cicilline, David N. [D-RI-1]

Subjects

Taxation

Source updated

11 August 2025

Taxation

Summary

21st Century Investment Act of 201 7 This bill amends the Internal Revenue Code to: (1) modify the tax credit for increasing research activities to allow an increased 25% tax credit rate for expenses for research, substantially all of which occurs in the United States; and (2) increase to 15%, through 2024, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 May 2017

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 25 May 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 May 2017

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 May 2017

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 25 May 2017

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 May 2017

    Open at official source

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Sponsors

Related records

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Sources

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