HOUSE 6979118th CongressReferred to the House Committee on Ways and Means.
To amend the Internal Revenue Code of 1986 to provide a credit to small businesses for research activities related to the mitigation of certain drug threats.
- Last Action
- 1/11/2024
Actions
- 2024-01-11Referred to the House Committee on Ways and Means.
- 2024-01-11Introduced in House
- 2024-01-11Introduced in House
CRS Summary
As of 2024-01-11 (00)
This bill allows certain small businesses a new tax credit for 10% of their qualified drug threat mitigation research expenses. Such expenses include research into mitigating or treating the effects of specified drugs, including any emerging drugs, fentanyl, a fentanyl-related substance, or methamphetamine.
Cosponsors (6)
- Madeleine Dean (D-PA)
- Don Bacon (R-NE)
- David Trone (D-MD)
- Michael Lawler (R-NY)
- Juan Ciscomani (R-AZ)
- Marcus Molinaro (R-NY)
Sourced from Congress.gov (public domain).
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