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American Innovation and R&D Competitiveness Act of 2023

H.R. 2673 Rep. Ron Estes (R-KS-4) In committee
Bill text PDF
  1. Introduced Apr 18
  2. Committee Apr 18
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Apr 18, 2023Next: House vote
1287d ago Apr 20, 2023: Sponsor introductory remarks on measure. (CR H1898)
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
26companies, 44 filings
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Member trades
65trades in the last 90 days
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Companies lobbying on this bill

26 companies
Companies by sector
Technology & Software 7Industrials 6Biotech & Pharma 4Consumer & Retail 3Communications & Media 2Medical Devices & Healthcare 2Mining & Materials 2
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Summary

American Innovation and R&D Competitiveness Act of 2023

Full summary1 paragraphs

This bill eliminates the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred.

Library of Congress summary, Apr 18, 2023

Summary versions
  • Introduced in HouseApr 18, 2023

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.