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Tax Relief for Businesses: Immediate Investment and Research Deductions

This act introduces tax code changes to facilitate businesses in deducting investment and research costs. This allows companies to recover money invested in development more quickly, potentially leading to job creation and economic stimulation. These changes may affect the prices of goods and services, as well as the availability of rental housing.
Key points
Businesses will be able to immediately deduct 100% of qualified investment costs from taxes, instead of spreading them over time. This means faster money recovery for entrepreneurs.
A new method for calculating depreciation for residential and commercial real estate is introduced, which accounts for inflation, potentially impacting rental costs.
Research and development costs can be immediately deducted from taxes, encouraging companies to innovate and invest in new technologies.
article Official text account_balance Process page
Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_3967
Sponsor: Rep. Grothman, Glenn [R-WI-6]
Process start date: 2025-06-12
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CREATE JOBS Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3967.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-12.

What are the main provisions?

Key points include:

  • Businesses will be able to immediately deduct 100% of qualified investment costs from taxes, instead of spreading them over time. This means faster money recovery for entrepreneurs.
  • A new method for calculating depreciation for residential and commercial real estate is introduced, which accounts for inflation, potentially impacting rental costs.
  • Research and development costs can be immediately deducted from taxes, encouraging companies to innovate and invest in new technologies.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Grothman, Glenn [R-WI-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Economy Real Estate