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H.R. 1732 · 112th Congress

Innovative Technologies Investment Incentive Act of 2011

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

7 cosponsors · 7 D

5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Innovative Technologies Investment Incentive Act of 2011- Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500…

What it does: CRS summary · Introduced in House · May 4, 2011

Innovative Technologies Investment Incentive Act of 2011- Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500 employees in a taxable year. Establishes a national innovative technology investment credit limitation of $500 million.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Innovative Technologies Investment Incentive Act of 2011

Latest action (May 4, 2011): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: May 4, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.