AICA Act of 2019
USA116th CongressHR-4549| House
| Updated: 9/27/2019
John B. Larson
Democratic Representative
Connecticut
Cosponsors (35)
Tim Ryan (Democratic)Pete Olson (Republican)Mikie Sherrill (Democratic)Bill Foster (Democratic)Darin LaHood (Republican)Brad R. Wenstrup (Republican)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Jackie Walorski (Republican)Ken Buck (Republican)Jimmy Panetta (Democratic)John R. Curtis (Republican)Andy Biggs (Republican)Suzan K. DelBene (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Jason Smith (Republican)Brendan F. Boyle (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Mike Kelly (Republican)Ron Estes (Republican)Ron Kind (Democratic)Vicky Hartzler (Republican)Brian K. Fitzpatrick (Republican)Bennie G. Thompson (Democratic)Earl Blumenauer (Democratic)Tom Reed (Republican)Kevin Hern (Republican)Suzanne Bonamici (Democratic)Greg Pence (Republican)Linda T. Sánchez (Democratic)George Holding (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
American Innovation and Competitiveness Act of 2019 or the AICA Act of 2019 This bill eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Business expensesCredit and credit marketsIncome tax deductionsResearch and developmentTax administration and collection, taxpayers
AICA Act of 2019
USA116th CongressHR-4549| House
| Updated: 9/27/2019
American Innovation and Competitiveness Act of 2019 or the AICA Act of 2019 This bill eliminates the five-year amortization requirement for research and experimental expenditures scheduled to begin in 2022, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
John B. Larson
Democratic Representative
Connecticut
Cosponsors (35)
Tim Ryan (Democratic)Pete Olson (Republican)Mikie Sherrill (Democratic)Bill Foster (Democratic)Darin LaHood (Republican)Brad R. Wenstrup (Republican)Terri A. Sewell (Democratic)Bobby L. Rush (Democratic)Jackie Walorski (Republican)Ken Buck (Republican)Jimmy Panetta (Democratic)John R. Curtis (Republican)Andy Biggs (Republican)Suzan K. DelBene (Democratic)Thomas R. Suozzi (Democratic)Danny K. Davis (Democratic)Jason Smith (Republican)Brendan F. Boyle (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Mike Kelly (Republican)Ron Estes (Republican)Ron Kind (Democratic)Vicky Hartzler (Republican)Brian K. Fitzpatrick (Republican)Bennie G. Thompson (Democratic)Earl Blumenauer (Democratic)Tom Reed (Republican)Kevin Hern (Republican)Suzanne Bonamici (Democratic)Greg Pence (Republican)Linda T. Sánchez (Democratic)George Holding (Republican)
Ways and Means Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business expensesCredit and credit marketsIncome tax deductionsResearch and developmentTax administration and collection, taxpayers