H.R. 5821 · 118th Congress
Mental Health Research Accelerator Act of 2023
- Stage
- In committee
- Sponsor
- Mike Thompson
- Introduced
- 2023-09-28
- Latest action
- 2023-09-28 · Introduced in House
Summary
Mental Health Research Accelerator Act of 2023
This bill allows a tax credit through 2033 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2024, $2 billion in 2025-2028, and $1 billion in 2029.