# 117-hr-6344: Research and Development Tax Credit Expansion Act of 2021

117-hr-6344, Research and Development Tax Credit Expansion Act of 2021, is a 117th 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/117-hr-6344
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-6344
- Congress: 117
- Title: Research and Development Tax Credit Expansion Act of 2021
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2021-12-23
- Sponsor: Rep. Neguse, Joe [D-CO-2] (D-CO)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Research and Development Tax Credit Expansion Act of 2021 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.

## Related bills

- 117-hr-5961: To make revisions in title 5, United States Code, as necessary to keep the title current, and to make technical amendments to improve the United States Code.
- 117-hr-4693: Global Malnutrition Prevention and Treatment Act of 2021
- 117-hr-1667: Dr. Lorna Breen Health Care Provider Protection Act
- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-3076: Postal Service Reform Act of 2022

## Sources
- [117-hr-6344 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/6344)

## Related
- [117-hr-5961: To make revisions in title 5, United States Code, as necessary to keep the titl…](https://policyrisk.com/legislation/117-hr-5961)
- [117-hr-4693: Global Malnutrition Prevention and Treatment Act of 2021](https://policyrisk.com/legislation/117-hr-4693)
- [117-hr-1667: Dr. Lorna Breen Health Care Provider Protection Act](https://policyrisk.com/legislation/117-hr-1667)
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-3076: Postal Service Reform Act of 2022](https://policyrisk.com/legislation/117-hr-3076)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-6344 (as of 2025-11-18).