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GAIN Act of 2024
12/19/2024, 9:07 AM
Summary of Bill HR 8697
The GAIN Act of 2024, also known as Bill 118 hr 8697, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of economic growth and innovation in the United States.
The GAIN Act aims to promote economic growth by providing incentives for businesses to invest in research and development. This includes tax credits for companies that invest in new technologies and innovations. The bill also seeks to streamline regulations and reduce barriers to entry for new businesses, making it easier for entrepreneurs to start and grow their companies.
Additionally, the GAIN Act includes provisions to support workforce development and training programs, ensuring that American workers have the skills they need to succeed in the modern economy. This includes funding for vocational training programs and apprenticeships, as well as initiatives to promote STEM education and training. Overall, the GAIN Act of 2024 is a comprehensive piece of legislation aimed at promoting economic growth and innovation in the United States. It seeks to create a more competitive and dynamic economy, while also ensuring that American workers have the tools they need to succeed in the 21st century.
The GAIN Act aims to promote economic growth by providing incentives for businesses to invest in research and development. This includes tax credits for companies that invest in new technologies and innovations. The bill also seeks to streamline regulations and reduce barriers to entry for new businesses, making it easier for entrepreneurs to start and grow their companies.
Additionally, the GAIN Act includes provisions to support workforce development and training programs, ensuring that American workers have the skills they need to succeed in the modern economy. This includes funding for vocational training programs and apprenticeships, as well as initiatives to promote STEM education and training. Overall, the GAIN Act of 2024 is a comprehensive piece of legislation aimed at promoting economic growth and innovation in the United States. It seeks to create a more competitive and dynamic economy, while also ensuring that American workers have the tools they need to succeed in the 21st century.
Current Status of Bill HR 8697
Bill HR 8697 is currently in the status of Bill Introduced since June 11, 2024. Bill HR 8697 was introduced during Congress 118 and was introduced to the House on June 11, 2024. Bill HR 8697's most recent activity was Referred to the Subcommittee on Health. as of December 17, 2024
Bipartisan Support of Bill HR 8697
Total Number of Sponsors
2Democrat Sponsors
2Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
5Democrat Cosponsors
5Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 8697
Primary Policy Focus
HealthAlternate Title(s) of Bill HR 8697
To direct the Secretary of Health and Human Services to conduct a demonstration project to test the impact of a guaranteed monthly income on the health of individuals enrolled for medical assistance under the Medicaid program.
To direct the Secretary of Health and Human Services to conduct a demonstration project to test the impact of a guaranteed monthly income on the health of individuals enrolled for medical assistance under the Medicaid program.
Comments
Sponsors and Cosponsors of HR 8697
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