H.R. 942 · 112th Congress
American Research and Competitiveness Act of 2011
- Stage
- In committee
- Sponsor
- Kevin Brady
- Introduced
- 2011-03-08
- Latest action
- 2011-03-08 · Introduced in House
Summary
American Research and Competitiveness Act of 2011 - Amends the Internal Revenue Code to: (1) extend through December 31, 2012, the tax credit for increasing research activities; and (2) increase the rate of the alternative simplified tax credit to 20% and make such credit permanent.