# 116-hr-7766: To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.

116-hr-7766, To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups., is a 116th Congress bill sponsored by Rep. Walorski, Jackie [R-IN-2] (R-IN); status Referred to the Subcommittee on Select Revenue Measures. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7766
- 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-7766
- Congress: 116
- Title: To amend the Internal Revenue Code of 1986 to increase the research tax credit and provide better access to the credit for business startups.
- Status: Referred to the Subcommittee on Select Revenue Measures.
- Introduced: 2020-07-23
- Sponsor: Rep. Walorski, Jackie [R-IN-2] (R-IN)
- Cosponsors: 2
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill increases from 20% to 40% the rate of the tax credit for increasing research activities. It also increases the rate of the alternative simplified research credit and the credit rate where there have been no research expenses for the preceding three years. The bill also increases the amount of research expenses for purposes of calculating the payroll tax credit allowed to certain small businesses.

## Cosponsors (2)

- Rep. Arrington, Jodey C. [R-TX-19] (R-TX), 2020-07-23T00:00:00.000Z
- Rep. Hern, Kevin [R-OK-1] (R-OK), 2020-09-16T00:00:00.000Z

## Related bills

- 116-hr-11: Commitment to American GROWTH Act
- 116-hr-7734: Building Businesses Back Act of 2020
- 116-hr-6829: EMPIL–DOC Act
- 116-hr-6742: Protecting Life in Crisis Act
- 116-hr-5826: Consumer Protections Against Surprise Medical Bills Act of 2020
- 116-hr-19: Lower Costs, More Cures Act of 2019

## Sources
- [116-hr-7766 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7766)

## Related
- [116-hr-11: Commitment to American GROWTH Act](https://policyrisk.com/legislation/116-hr-11)
- [116-hr-7734: Building Businesses Back Act of 2020](https://policyrisk.com/legislation/116-hr-7734)
- [116-hr-6829: EMPIL–DOC Act](https://policyrisk.com/legislation/116-hr-6829)
- [116-hr-6742: Protecting Life in Crisis Act](https://policyrisk.com/legislation/116-hr-6742)
- [116-hr-5826: Consumer Protections Against Surprise Medical Bills Act of 2020](https://policyrisk.com/legislation/116-hr-5826)
- [116-hr-19: Lower Costs, More Cures Act of 2019](https://policyrisk.com/legislation/116-hr-19)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7766 (as of 2025-11-18).