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Mental Health Research Accelerator Act of 2023
12/15/2023, 4:02 PM
Congressional Summary of HR 5821
Mental Health Research Accelerator Act of 2023
This bill allows a tax credit through 2033 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2024, $2 billion in 2025-2028, and $1 billion in 2029.
Current Status of Bill HR 5821
Bill HR 5821 is currently in the status of Bill Introduced since September 28, 2023. Bill HR 5821 was introduced during Congress 118 and was introduced to the House on September 28, 2023. Bill HR 5821's most recent activity was Referred to the House Committee on Ways and Means. as of September 28, 2023
Bipartisan Support of Bill HR 5821
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5821
Primary Policy Focus
TaxationComments
Sponsors and Cosponsors of HR 5821
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