American Innovation and R&D Competitiveness Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1990 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1990 To amend the Internal Revenue Code of 1986 to restore the deduction for research and experimental expenditures. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 10, 2025 Mr. Estes (for himself, Mr. Larson of Connecticut, Mr. Buchanan, Ms. DelBene, Mr. Smith of Nebraska, Ms. Sewell, Mr. Kelly of Pennsylvania, Mr. Beyer, Mr. Schweikert, Mr. Panetta, Mr. LaHood, Mr. Horsford, Mr. Arrington, Ms. Brownley, Mr. Smucker, Mr. Khanna, Mr. Hern of Oklahoma, Ms. Bonamici, Mrs. Miller of West Virginia, Ms. Titus, Mr. Murphy, Ms. Houlahan, Mr. Kustoff, Mr. Cleaver, Mr. Fitzpatrick, Mr. Carbajal, Mr. Steube, Mrs. Foushee, Ms. Tenney, Ms. Scholten, Mrs. Fischbach, Ms. Davids of Kansas, Mr. Moore of Utah, Ms. Craig, Ms. Van Duyne, Mr. Morelle, Mr. Feenstra, Mr. Davis of North Carolina, Ms. Malliotakis, Mr. Harder of California, Mr. Carey, Mr. Neguse, Mr. Yakym, Mr. Auchincloss, Mr. Miller of Ohio, Mr. Pappas, Mr. Bean of Florida, Mr. Moulton, Mr. Moran, Mr. Mullin, Mr. Moolenaar, Mr. Connolly, Mrs. Harshbarger, Ms. McClellan, Mr. Huizenga, Mr. Krishnamoorthi, Mr. Mann, Mr. Lieu, Mr. Barr, Ms. Jacobs, Mr. Carter of Georgia, Mr. Swalwell, Mr. Meuser, Mr. Garamendi, Mr. McCormick, Mr. Amo, Mr. Edwards, and Mrs. Beatty) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to restore the deduction for research and experimental expenditures. 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 R&D Competitiveness Act of 2025''. SEC. 2. RESEARCH AND EXPERIMENTAL EXPENDITURES. (a) In