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United States · Bill · HR

H.R. 476 (117th)

Innovation Centers Acceleration Act

referredUnited States· United States Congress· EN

Introduced

25 January 2021

Last action

4 February 2021 · Referred

Status

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Sponsors

Rep. Morelle, Joseph D. [D-NY-25], Rep. Sewell, Terri A. [D-AL-7], Rep. Phillips, Dean [D-MN-3], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Case, Ed [D-HI-1], Rep. Houlahan, Chrissy [D-PA-6], Rep. Trone, David J. [D-MD-6], Rep. Kilmer, Derek [D-WA-6], Rep. DelBene, Suzan K. [D-WA-1], Rep. Higgins, Brian [D-NY-26], Rep. Foster, Bill [D-IL-11], Rep. Strickland, Marilyn [D-WA-10]

Subjects

Housing, Transport, Taxation

Source updated

5 December 2025

Housing · Transport · Taxation

Official sourceDownload fileView documentsShare

Summary

Innovation Centers Acceleration Act This bill establishes a program to advance economic development by designating nine cities as innovation centers and providing and modifying certain related grants. It also establishes the Innovation Center Selection Committee to designate these cities. The innovation center designation entitles selected cities—and the businesses, research institutions, and other organizations that operate within them—to various federal funding and benefits for research activities, business and workforce development, and transportation infrastructure projects. These benefits include expanding various tax credits and incentives for businesses. The bill also makes it easier for those businesses to access loans and other financial instruments to raise capital. In addition, the bill establishes a grant program for local and tribal governments that partner with innovation centers to develop and preserve affordable housing. It also modifies existing grants, loans, and other programs that support transportation infrastructure to specifically target initiatives in innovation centers.

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

Timeline

  1. 25 January 2021

    Introduced

    Referred to the Committee on Science, Space, and Technology, and in addition to the Committees on Small Business, Education and Labor, Energy and Commerce, Transportation and Infrastructure, Ways and Means, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 25 January 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 January 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 2 February 2021

    Referred

    Referred to the Subcommittee on Health.

    Source: Committee

  5. 4 February 2021

    Referred

    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 January 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 25 January 2021

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 January 2021

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Sponsors

Related records

Sources

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