Mental Health Research Accelerator Act of 2022

Summary

Official

Mental Health Research Accelerator Act of 2022 This bill allows a tax credit through 2031 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 2022, $2 billion in 2023-2027, and $1 billion in 2028.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(3/29/22)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Thompson

House (D) California – 4

Cosponsors (2)

Kelly

House (R) Pennsylvania

Lieu

House (D) California

Latest Action

Referred to the House Committee on Ways and Means.

Mar 29, 2022