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Innovate to Save Lives Act

8/1/2025, 4:42 PM

Summary of Bill HR 4573

The bill titled "To amend the Internal Revenue Code of 1986 to provide a credit to small businesses for research activities related to the mitigation of certain drug threats," designated as H.R. 4573 in the 119th Congress and introduced on July 21, 2025, aims to offer a tax credit to small businesses engaging in research activities to address specific drug threats.

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Current Status of Bill HR 4573

Bill HR 4573 is currently in the status of Bill Introduced since July 21, 2025. Bill HR 4573 was introduced during Congress 119 and was introduced to the House on July 21, 2025.  Bill HR 4573's most recent activity was Referred to the House Committee on Ways and Means. as of July 21, 2025

Bipartisan Support of Bill HR 4573

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
5
Democrat Cosponsors
2
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4573

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 4573

To amend the Internal Revenue Code of 1986 to provide a credit to small businesses for research activities related to the mitigation of certain drug threats.
To amend the Internal Revenue Code of 1986 to provide a credit to small businesses for research activities related to the mitigation of certain drug threats.

Comments

Sponsors and Cosponsors of HR 4573

Joe Neguse
Joe Neguse
ColoradoDemocrat
Michael Lawler
Michael Lawler
New YorkRepublican
Maxine Dexter
Maxine Dexter
OregonIndependent
Madeleine Dean
Madeleine Dean
PennsylvaniaDemocrat
Juan Ciscomani
Juan Ciscomani
ArizonaRepublican
Don Bacon
Don Bacon
NebraskaRepublican

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