H.R. 3537 · 113th Congress
21st Century Investment Act of 2013
- Stage
- In committee
- Sponsor
- Donna Edwards
- Introduced
- 2013-11-19
- Latest action
- 2013-11-19 · Introduced in House
Summary
21st Century Investment Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2022, 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.