GROWTH Act
Latest action · Sep 19, 2011 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 19, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Greater Research Opportunities with Tax Help Act or GROWTH Act - Amends the Internal Revenue Code to: (1) increase from 14% to 20% the rate of the tax credit for increasing research activities, (2) modify rules for calculating such credit, and (3) make such credit permanent.
Cosponsors 19
Members who signed on, in the order they did. Signatures ran from Sep 19, 2011 to Sep 11, 2012; 9 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MI | Debbie Stabenow | Original | Sep 19, 2011 |
| R-TX | John Cornyn | Original | Sep 19, 2011 |
| D-MA | John F. Kerry | Original | Sep 19, 2011 |
| D-WA | Maria Cantwell | Original | Sep 19, 2011 |
| R-ID | Mike Crapo | Original | Sep 19, 2011 |
| R-ME | Olympia J. Snowe | Original | Sep 19, 2011 |
| R-UT | Orrin G. Hatch | Original | Sep 19, 2011 |
| D-NJ | Robert Menendez | Original | Sep 19, 2011 |
| D-OR | Ron Wyden | Original | Sep 19, 2011 |
| R-KS | Pat Roberts | Sep 22, 2011 | |
| D-MN | Al Franken | Oct 11, 2011 | |
| D-NY | Kirsten E. Gillibrand | Jan 26, 2012 | |
| R-MA | Scott P. Brown | Feb 27, 2012 | |
| R-ID | James E. Risch | May 14, 2012 | |
| D-NC | Kay R. Hagan | May 14, 2012 | |
| D-NY | Charles E. Schumer | May 15, 2012 | |
| D-OR | Jeff Merkley | May 15, 2012 | |
| D-NH | Jeanne Shaheen | Jul 19, 2012 | |
| D-DE | Christopher A. Coons | Sep 11, 2012 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Sep 19, 2011 |
Actions 2
Everything that happened, newest first.
- Sep 19, 2011Introduced in Senate
- Sep 19, 2011Read twice and referred to the Committee on Finance.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S6298 | Orrin G. Hatch R-UT | Oct 6, 2011 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to increase and make permanent the alternative simplified research credit, and for other purposes.
- Short Titles as Introduced
- GROWTH Act
- Greater Research Opportunities With Tax Help Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 19, 2011Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.