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Mental Health Research Accelerator Act of 2023

USA118th CongressHR-5821| House 
| Updated: 9/28/2023
Mike Thompson

Mike Thompson

Democratic Representative

California

Cosponsors (3)
John Garamendi (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 117-7279
Mental Health Research Accelerator Act of 2022
Sep 28, 2023
Introduced in House
Sep 28, 2023
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 117-7279
    Mental Health Research Accelerator Act of 2022
  • September 28, 2023
    Introduced in House
  • September 28, 2023
    Referred to the House Committee on Ways and Means.

Taxation

Mental Health Research Accelerator Act of 2023

USA118th CongressHR-5821| House 
| Updated: 9/28/2023
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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-7279
Mental Health Research Accelerator Act of 2022
Sep 28, 2023
Introduced in House
Sep 28, 2023
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 117-7279
    Mental Health Research Accelerator Act of 2022
  • September 28, 2023
    Introduced in House
  • September 28, 2023
    Referred to the House Committee on Ways and Means.
Mike Thompson

Mike Thompson

Democratic Representative

California

Cosponsors (3)
John Garamendi (Democratic)Mike Kelly (Republican)Doris O. Matsui (Democratic)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted