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
This bill, To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Immigration.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HA510D114709E42079E4D0195FCBEF77E: 1. Short title This Act may be cited as the Research and Development Tax Credit Expansion Act of 2025.
- Section HC457F4013CBF43298C24ABEAEF5CEB8F: 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...
- Section HC2C4117F7DC44011AB4E015DACCBD732: 3. Modifications to alternative simplified credit for new and small businesses Paragraph (4) of section 41(c) of the Internal Revenue Code of 1986 is amended...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Immigration
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to expand eligibility and increase simplification of the research credit for certain small businesses., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
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