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U.S. Bill Would Double R&D Tax Credit

11 July 2022

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Proposed Changes

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United States

U.S. Representative Jackie Walorski (R-IN) has announced the introduction of Bill H.R. 8253, the Fostering Innovation and Research to Strengthen Tomorrow (FIRST) Act, which would double the research and development (R&D) tax credit and expand access to the credit. --- Walorski Introduces FIRST Act to Double R&D Tax Credit, Equip America to Lead in 21st Century Innovation Legislation Would Boost Investment in Innovation, Expand Access to Tax Credit for Small Business Startups WASHINGTON – U.S. Rep. Jackie Walorski (R-Ind.), a senior member of the House Ways and Means Committee, this week introduced H.R. 8253, the Fostering Innovation and Research to...