Legis Daily

American Innovation and R&D Competitiveness Act of 2023

USA118th CongressHR-2673| House 
| Updated: 4/20/2023
Ron Estes

Ron Estes

Republican Representative

Kansas

Cosponsors (223)
Dusty Johnson (Republican)Doug LaMalfa (Republican)Dwight Evans (Democratic)Diana Harshbarger (Republican)David Schweikert (Republican)Kim Schrier (Democratic)Bob Good (Republican)Stacey E. Plaskett (Democratic)Donald Norcross (Democratic)Adrian Smith (Republican)David Kustoff (Republican)Marcy Kaptur (Democratic)John Garamendi (Democratic)Wiley Nickel (Democratic)Eric A. "Rick" Crawford (Republican)Ruben Gallego (Democratic)Chris Pappas (Democratic)Marc A. Veasey (Democratic)Jake LaTurner (Republican)Tim Burchett (Republican)Mikie Sherrill (Democratic)Gabe Amo (Democratic)Guy Reschenthaler (Republican)Richard McCormick (Republican)Ashley Hinson (Republican)Alexander X. Mooney (Republican)Mark Pocan (Democratic)Jim Banks (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Jennifer L. McClellan (Democratic)Gabe Vasquez (Democratic)David J. Trone (Democratic)Christopher R. Deluzio (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)John S. Duarte (Republican)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Warren Davidson (Republican)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Neal P. Dunn (Republican)Bill Foster (Democratic)Patrick Ryan (Democratic)Joe Courtney (Democratic)Robert J. Wittman (Republican)Darin LaHood (Republican)Sanford D. Bishop (Democratic)C. A. Dutch Ruppersberger (Democratic)Zachary Nunn (Republican)Keith Self (Republican)Glenn Thompson (Republican)Greg Landsman (Democratic)Mike Carey (Republican)Stephanie I. Bice (Republican)Claudia Tenney (Republican)Brad R. Wenstrup (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Terri A. Sewell (Democratic)Aaron Bean (Republican)Andrew Ogles (Republican)Steven Horsford (Democratic)Ken Buck (Republican)Jimmy Panetta (Democratic)Eric Swalwell (Democratic)Dina Titus (Democratic)Pete Sessions (Republican)David Rouzer (Republican)Kathy E. Manning (Democratic)Madeleine Dean (Democratic)Melanie A. Stansbury (Democratic)Andy Biggs (Republican)Suzan K. DelBene (Democratic)Jennifer Wexton (Democratic)Jeff Duncan (Republican)Jerry L. Carl (Republican)Andrea Salinas (Democratic)Angie Craig (Democratic)John James (Republican)Donald G. Davis (Democratic)John P. Sarbanes (Democratic)Earl L. "Buddy" Carter (Republican)Haley M. Stevens (Democratic)Jeff Jackson (Democratic)Andrew R. Garbarino (Republican)Shri Thanedar (Democratic)Frank J. Mrvan (Democratic)Danny K. Davis (Democratic)Ken Calvert (Republican)Michael A. Rulli (Republican)Daniel T. Kildee (Democratic)Jake Auchincloss (Democratic)J. French Hill (Republican)Ted Lieu (Democratic)Ro Khanna (Democratic)Rudy Yakym (Republican)Lloyd Smucker (Republican)Greg Stanton (Democratic)Thomas H. Kean (Republican)Barry Loudermilk (Republican)Ann M. Kuster (Democratic)A. Drew Ferguson (Republican)Ronny Jackson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Nikki Budzinski (Democratic)André Carson (Democratic)Brendan F. Boyle (Democratic)Andy Barr (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)John B. Larson (Democratic)Mike Flood (Republican)Stephen F. Lynch (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Doug Lamborn (Republican)Joseph D. Morelle (Democratic)Emilia Strong Sykes (Democratic)Mike Kelly (Republican)Nancy Mace (Republican)Hillary J. Scholten (Democratic)Sara Jacobs (Democratic)Marilyn Strickland (Democratic)Dean Phillips (Democratic)Kat Cammack (Republican)John Joyce (Republican)Brad Finstad (Republican)Raja Krishnamoorthi (Democratic)Brittany Pettersen (Democratic)Glenn Grothman (Republican)Nicholas A. Langworthy (Republican)Josh Harder (Democratic)W. Gregory Steube (Republican)Blake D. Moore (Republican)John R. Moolenaar (Republican)John H. Rutherford (Republican)Laurel M. Lee (Republican)Betty McCollum (Democratic)Sharice Davids (Democratic)Brad Sherman (Democratic)August Pfluger (Republican)Blaine Luetkemeyer (Republican)Henry Cuellar (Democratic)Larry Bucshon (Republican)Brandon Williams (Republican)Michael T. McCaul (Republican)Salud O. Carbajal (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Donald S. Beyer (Democratic)Lisa C. McClain (Republican)Tony Gonzales (Republican)Mike Bost (Republican)Russell Fry (Republican)Michael K. Simpson (Republican)Eric Sorensen (Democratic)Pete Stauber (Republican)Andy Kim (Democratic)David G. Valadao (Republican)James P. McGovern (Democratic)Michael R. Turner (Republican)Summer L. Lee (Democratic)Dale W. Strong (Republican)Michelle Steel (Republican)Julia Brownley (Democratic)William R. Keating (Democratic)Debbie Lesko (Republican)Seth Magaziner (Democratic)Wesley Hunt (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Tom Emmer (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Mary Sattler Peltola (Democratic)Bill Huizenga (Republican)Earl Blumenauer (Democratic)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Juan Ciscomani (Republican)Lori Trahan (Democratic)Kevin Kiley (Republican)Seth Moulton (Democratic)Elissa Slotkin (Democratic)Kevin Hern (Republican)Bill Posey (Republican)Suzanne Bonamici (Democratic)Burgess Owens (Republican)Monica De La Cruz (Republican)Chuck Edwards (Republican)Yadira Caraveo (Democratic)Russ Fulcher (Republican)Greg Pence (Republican)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Nick LaLota (Republican)Kevin Mullin (Democratic)Jason Crow (Democratic)Teresa Leger Fernandez (Democratic)Erin Houchin (Republican)Susie Lee (Democratic)Valerie P. Foushee (Democratic)Tracey Mann (Republican)Bill Johnson (Republican)Michelle Fischbach (Republican)Gerald E. Connolly (Democratic)Troy Balderson (Republican)Jennifer A. Kiggans (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Susan Wild (Democratic)Cory Mills (Republican)Bryan Steil (Republican)Lori Chavez-DeRemer (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American Innovation and R&D Competitiveness Act of 2023 This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-1304
American Innovation and R&D Competitiveness Act of 2021
Apr 18, 2023
Introduced in House
Apr 18, 2023
Referred to the House Committee on Ways and Means.
Apr 20, 2023
Sponsor introductory remarks on measure. (CR H1898)
  • Bill from Previous Congress

    HR 117-1304
    American Innovation and R&D Competitiveness Act of 2021


  • April 18, 2023
    Introduced in House


  • April 18, 2023
    Referred to the House Committee on Ways and Means.


  • April 20, 2023
    Sponsor introductory remarks on measure. (CR H1898)

Taxation

Related Bills

  • S 118-866: American Innovation and Jobs Act
  • HR 118-7476: Countering Communist China Act
  • S 118-314: CREATE JOBS Act
Business expensesIncome tax deductionsResearch and development

American Innovation and R&D Competitiveness Act of 2023

USA118th CongressHR-2673| House 
| Updated: 4/20/2023
American Innovation and R&D Competitiveness Act of 2023 This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-1304
American Innovation and R&D Competitiveness Act of 2021
Apr 18, 2023
Introduced in House
Apr 18, 2023
Referred to the House Committee on Ways and Means.
Apr 20, 2023
Sponsor introductory remarks on measure. (CR H1898)
  • Bill from Previous Congress

    HR 117-1304
    American Innovation and R&D Competitiveness Act of 2021


  • April 18, 2023
    Introduced in House


  • April 18, 2023
    Referred to the House Committee on Ways and Means.


  • April 20, 2023
    Sponsor introductory remarks on measure. (CR H1898)
Ron Estes

Ron Estes

Republican Representative

Kansas

Cosponsors (223)
Dusty Johnson (Republican)Doug LaMalfa (Republican)Dwight Evans (Democratic)Diana Harshbarger (Republican)David Schweikert (Republican)Kim Schrier (Democratic)Bob Good (Republican)Stacey E. Plaskett (Democratic)Donald Norcross (Democratic)Adrian Smith (Republican)David Kustoff (Republican)Marcy Kaptur (Democratic)John Garamendi (Democratic)Wiley Nickel (Democratic)Eric A. "Rick" Crawford (Republican)Ruben Gallego (Democratic)Chris Pappas (Democratic)Marc A. Veasey (Democratic)Jake LaTurner (Republican)Tim Burchett (Republican)Mikie Sherrill (Democratic)Gabe Amo (Democratic)Guy Reschenthaler (Republican)Richard McCormick (Republican)Ashley Hinson (Republican)Alexander X. Mooney (Republican)Mark Pocan (Democratic)Jim Banks (Republican)Joyce Beatty (Democratic)Lisa Blunt Rochester (Democratic)Jennifer L. McClellan (Democratic)Gabe Vasquez (Democratic)David J. Trone (Democratic)Christopher R. Deluzio (Democratic)Emanuel Cleaver (Democratic)Brian Higgins (Democratic)John S. Duarte (Republican)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Warren Davidson (Republican)Derek Kilmer (Democratic)Jefferson Van Drew (Republican)Neal P. Dunn (Republican)Bill Foster (Democratic)Patrick Ryan (Democratic)Joe Courtney (Democratic)Robert J. Wittman (Republican)Darin LaHood (Republican)Sanford D. Bishop (Democratic)C. A. Dutch Ruppersberger (Democratic)Zachary Nunn (Republican)Keith Self (Republican)Glenn Thompson (Republican)Greg Landsman (Democratic)Mike Carey (Republican)Stephanie I. Bice (Republican)Claudia Tenney (Republican)Brad R. Wenstrup (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Terri A. Sewell (Democratic)Aaron Bean (Republican)Andrew Ogles (Republican)Steven Horsford (Democratic)Ken Buck (Republican)Jimmy Panetta (Democratic)Eric Swalwell (Democratic)Dina Titus (Democratic)Pete Sessions (Republican)David Rouzer (Republican)Kathy E. Manning (Democratic)Madeleine Dean (Democratic)Melanie A. Stansbury (Democratic)Andy Biggs (Republican)Suzan K. DelBene (Democratic)Jennifer Wexton (Democratic)Jeff Duncan (Republican)Jerry L. Carl (Republican)Andrea Salinas (Democratic)Angie Craig (Democratic)John James (Republican)Donald G. Davis (Democratic)John P. Sarbanes (Democratic)Earl L. "Buddy" Carter (Republican)Haley M. Stevens (Democratic)Jeff Jackson (Democratic)Andrew R. Garbarino (Republican)Shri Thanedar (Democratic)Frank J. Mrvan (Democratic)Danny K. Davis (Democratic)Ken Calvert (Republican)Michael A. Rulli (Republican)Daniel T. Kildee (Democratic)Jake Auchincloss (Democratic)J. French Hill (Republican)Ted Lieu (Democratic)Ro Khanna (Democratic)Rudy Yakym (Republican)Lloyd Smucker (Republican)Greg Stanton (Democratic)Thomas H. Kean (Republican)Barry Loudermilk (Republican)Ann M. Kuster (Democratic)A. Drew Ferguson (Republican)Ronny Jackson (Republican)Daniel Meuser (Republican)Don Bacon (Republican)Nikki Budzinski (Democratic)André Carson (Democratic)Brendan F. Boyle (Democratic)Andy Barr (Republican)Christopher H. Smith (Republican)James R. Baird (Republican)Darrell Issa (Republican)John B. Larson (Democratic)Mike Flood (Republican)Stephen F. Lynch (Democratic)Carol D. Miller (Republican)Jodey C. Arrington (Republican)Doug Lamborn (Republican)Joseph D. Morelle (Democratic)Emilia Strong Sykes (Democratic)Mike Kelly (Republican)Nancy Mace (Republican)Hillary J. Scholten (Democratic)Sara Jacobs (Democratic)Marilyn Strickland (Democratic)Dean Phillips (Democratic)Kat Cammack (Republican)John Joyce (Republican)Brad Finstad (Republican)Raja Krishnamoorthi (Democratic)Brittany Pettersen (Democratic)Glenn Grothman (Republican)Nicholas A. Langworthy (Republican)Josh Harder (Democratic)W. Gregory Steube (Republican)Blake D. Moore (Republican)John R. Moolenaar (Republican)John H. Rutherford (Republican)Laurel M. Lee (Republican)Betty McCollum (Democratic)Sharice Davids (Democratic)Brad Sherman (Democratic)August Pfluger (Republican)Blaine Luetkemeyer (Republican)Henry Cuellar (Democratic)Larry Bucshon (Republican)Brandon Williams (Republican)Michael T. McCaul (Republican)Salud O. Carbajal (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Donald S. Beyer (Democratic)Lisa C. McClain (Republican)Tony Gonzales (Republican)Mike Bost (Republican)Russell Fry (Republican)Michael K. Simpson (Republican)Eric Sorensen (Democratic)Pete Stauber (Republican)Andy Kim (Democratic)David G. Valadao (Republican)James P. McGovern (Democratic)Michael R. Turner (Republican)Summer L. Lee (Democratic)Dale W. Strong (Republican)Michelle Steel (Republican)Julia Brownley (Democratic)William R. Keating (Democratic)Debbie Lesko (Republican)Seth Magaziner (Democratic)Wesley Hunt (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Tom Emmer (Republican)Dan Crenshaw (Republican)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Mary Sattler Peltola (Democratic)Bill Huizenga (Republican)Earl Blumenauer (Democratic)Jay Obernolte (Republican)Deborah K. Ross (Democratic)Randy Feenstra (Republican)Juan Ciscomani (Republican)Lori Trahan (Democratic)Kevin Kiley (Republican)Seth Moulton (Democratic)Elissa Slotkin (Democratic)Kevin Hern (Republican)Bill Posey (Republican)Suzanne Bonamici (Democratic)Burgess Owens (Republican)Monica De La Cruz (Republican)Chuck Edwards (Republican)Yadira Caraveo (Democratic)Russ Fulcher (Republican)Greg Pence (Republican)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Zoe Lofgren (Democratic)Nick LaLota (Republican)Kevin Mullin (Democratic)Jason Crow (Democratic)Teresa Leger Fernandez (Democratic)Erin Houchin (Republican)Susie Lee (Democratic)Valerie P. Foushee (Democratic)Tracey Mann (Republican)Bill Johnson (Republican)Michelle Fischbach (Republican)Gerald E. Connolly (Democratic)Troy Balderson (Republican)Jennifer A. Kiggans (Republican)Chellie Pingree (Democratic)Bill Pascrell (Democratic)Susan Wild (Democratic)Cory Mills (Republican)Bryan Steil (Republican)Lori Chavez-DeRemer (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 118-866: American Innovation and Jobs Act
  • HR 118-7476: Countering Communist China Act
  • S 118-314: CREATE JOBS Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business expensesIncome tax deductionsResearch and development