Summary: H.R.3537 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.3537. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/19/2013)

21st Century Investment Act of 2013 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an increased 25% tax credit rate for research expenses incurred in the United States; and (3) increase to 15%, through 2022, the tax deduction for income attributable to domestic manufacturing production activities for which substantially all of the research and development occurred in the United States.