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H.R. 1415

Innovative Technologies Investment Incentive Act of 2013

Innovative Technologies Investment Incentive Act of 2013 - Amends the Internal Revenue Code to allow a new business-related tax credit for 25% of the equity investment (i.e., stock and capital or profits interest) in a small business concern that is engaged in a high technology or biotechnology trade or business and employs an average of fewer than 500 employees in a taxable year. Establishes a national innovative technology investment credit limitation of $500 million.

Referred to the House Committee on Ways and Means.

Rep. Van Hollen, Chris [D-MD-8](D-MD)Sponsor
6 cosponsors6 D
6cosponsors1committees3actions6subjects
  • Introduced in HouseApr 9, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Innovative Technologies Investment Incentive Act of 2013 — Informed