H.R.942 - American Research and Competitiveness Act of 2011

To amend the Internal Revenue Code of 1986 to extend the research credit through 2012 and to increase and make permanent the alternative simplified research credit. view all titles (3)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to extend the research credit through 2012 and to increase and make permanent the alternative simplified research credit. as introduced.
  • Short: American Research and Competitiveness Act of 2011 as introduced.
  • Official: American Research and Competitiveness Act of 2011 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
03/08/11
 
 
 
 
 
 
 

Sponsor

Representative

Kevin Brady

R-TX

View Co-Sponsors (106)

Official 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.

Official 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.

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