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Tax Break for Infectious Disease Research Investors

This bill changes tax rules to make it easier for people who invest in small businesses researching treatments for infectious diseases. It allows investors to deduct losses and claim tax credits from these investments more easily, aiming to encourage funding for this research.
Key points
Investors in small businesses researching infectious disease treatments can deduct related losses more easily.
These businesses can pass on research tax credits to investors more effectively.
Changes apply to tax years starting after 2022.
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Additional Information
Print number: 117_HR_7515
Sponsor: Rep. Kelly, Mike [R-PA-16]
Process start date: 2022-04-14