# 116-hr-5520: Research and Development Tax Credit Expansion Act of 2019

116-hr-5520, Research and Development Tax Credit Expansion Act of 2019, is a 116th Congress bill sponsored by Rep. Neguse, Joe [D-CO-2] (D-CO); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5520
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5520
- Congress: 116
- Title: Research and Development Tax Credit Expansion Act of 2019
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2019-12-19
- Sponsor: Rep. Neguse, Joe [D-CO-2] (D-CO)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Research and Development Tax Credit Expansion Act of 2019 This bill modifies the refundable research tax credit for new and small businesses to (1) increase the limit on refundability to $500,000, with an adjustment for inflation; (2) allow refundable amounts to cover all payroll taxes paid by such businesses; and (3) extend eligibility for the credit to small businesses with less than $10 million in gross receipts (currently, less than $5 million). The bill also increases the rate of the alternative simplified tax credit for such businesses.

## Cosponsors (1)

- Rep. Baird, James R. [R-IN-4] (R-IN), 2020-03-12T00:00:00.000Z

## Related bills

- 116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020
- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-7483: Flexible Financing for Rural America Act of 2020
- 116-hr-7481: RESTART Act
- 116-hr-7308: RISE Act

## Sources
- [116-hr-5520 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5520)

## Related
- [116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020](https://policyrisk.com/legislation/116-hr-8702)
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-7483: Flexible Financing for Rural America Act of 2020](https://policyrisk.com/legislation/116-hr-7483)
- [116-hr-7481: RESTART Act](https://policyrisk.com/legislation/116-hr-7481)
- [116-hr-7308: RISE Act](https://policyrisk.com/legislation/116-hr-7308)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5520 (as of 2025-11-18).