To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill expands a tax credit provision: 1. Short title This Act may be cited as the Research and Development Tax Credit Expansion Act of 2025, expands a compliance mandate provision: 2. Expansion of refundable research credit for new and small businesses Paragraph (4) of section 41(h) of such Code is amended— by redesignating subparagraph (C) as subparagraph, and adds or tightens a compliance mandate, definition change provision: 3. It relies on compliance mandates, tax credits, and definition changes. The main policy areas are Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Expands a tax credit provision: 1. Short title This Act may be cited as the Research and Development Tax Credit Expansion Act of 2025.
- Expands a compliance mandate provision: 2. Expansion of refundable research credit for new and small businesses Paragraph (4) of section 41(h) of such Code is amended— by redesignating subparagraph (C) as subparagraph...
- Adds or tightens a compliance mandate, definition change provision: 3.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill expands a tax credit provision: 1. Short title This Act may be cited as the Research and Development Tax Credit Expansion Act of 2025, expands a compliance mandate provision: 2. Expansion of refundable research credit for new and small businesses Paragraph (4) of section 41(h) of such Code is amended— by redesignating subparagraph (C) as subparagraph, and adds or tightens a compliance mandate, definition change provision: 3.
Key Policy Areas
Finance
Primary Purpose
The bill expands a tax credit provision: 1. Short title This Act may be cited as the Research and Development Tax Credit Expansion Act of 2025, expands a compliance mandate provision: 2. Expansion of refundable research credit for new and small businesses Paragraph (4) of section 41(h) of such Code is amended— by redesignating subparagraph (C) as subparagraph, and adds or tightens a compliance mandate, definition change provision: 3.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Neguse introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology