HOUSE 5821118th CongressReferred to the House Committee on Ways and Means.

Mental Health Research Accelerator Act of 2023

Last Action: 9/28/2023

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2023-09-28Referred to the House Committee on Ways and Means.
2023-09-28Introduced in House
2023-09-28Introduced in House

CRS Summary

As of 2023-09-28 (00)

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.

Cosponsors (3)

Mike Kelly (R-PA)
Doris Matsui (D-CA)
John Garamendi (D-CA)

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