S. 1639
Introduced in Senate · May 20, 2025May 7, 2025
Mr. Young (for himself, Ms. Hassan, Mr. Lankford, Mrs. Shaheen, Mr. Daines, Mr. Warner, Mr. Barrasso, Ms. Rosen, Mr. Tillis, Mr. Peters, Mr. Marshall, Mr. Padilla, Mr. Tuberville, Mrs. Murray, Mr. Kennedy, Ms. Klobuchar, Mr. Ricketts, Mr. Kelly, Mrs. Britt, Mr. Kaine, Mrs. Capito, Ms. Cortez Masto, Mrs. Fischer, Ms. Baldwin, Mr. Moran, Mr. Luján, Mr. Hagerty, Mr. Coons, Mr. Mullin, Ms. Slotkin, Mr. Wicker, Mr. King, Mr. Budd, Mr. Ossoff, Mr. Husted, and Mr. Heinrich) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to enhance tax benefits for research activities.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “American Innovation and Jobs Act”.