# 117-hr-8253: Fostering Innovation and Research to Strengthen Tomorrow Act

117-hr-8253, Fostering Innovation and Research to Strengthen Tomorrow Act, is a 117th Congress bill sponsored by Rep. Walorski, Jackie [R-IN-2] (R-IN); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-8253
- 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-8253
- Congress: 117
- Title: Fostering Innovation and Research to Strengthen Tomorrow Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2022-06-28
- Sponsor: Rep. Walorski, Jackie [R-IN-2] (R-IN)
- Cosponsors: 7
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Fostering Innovation and Research to Strengthen Tomorrow Act This bill doubles the rate of the tax credit for increasing research expenses and the alternative simplified research tax credit. It also increases the credit rate for taxpayers with no research expenses during a specified three-year period and the amount of the credit that certain small businesses may apply against payroll tax liabilities.

## Cosponsors (7)

- Rep. Arrington, Jodey C. [R-TX-19] (R-TX), 2022-06-28T00:00:00.000Z
- Rep. Reschenthaler, Guy [R-PA-14] (R-PA), 2022-07-01T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2022-07-12T00:00:00.000Z
- Rep. Kustoff, David [R-TN-8] (R-TN), 2022-07-14T00:00:00.000Z
- Rep. Van Duyne, Beth [R-TX-24] (R-TX), 2022-07-26T00:00:00.000Z
- Rep. Ferguson, A. Drew, IV [R-GA-3] (R-GA), 2022-07-26T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2022-08-02T00:00:00.000Z

## Related bills

- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-6658: Protecting Family and Small Business Tax Cuts Act of 2022
- 117-hres-881: Condemning the heinous terrorist attack on Congregation Beth Israel in Colleyville, Texas, on January 15, 2022.
- 117-hjres-67: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Centers for Medicare & Medicaid Services r…
- 117-hr-6161: Employee Retention Tax Credit Reinstatement Act
- 117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "COVID-19…

## Sources
- [117-hr-8253 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/8253)

## Related
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-6658: Protecting Family and Small Business Tax Cuts Act of 2022](https://policyrisk.com/legislation/117-hr-6658)
- [117-hres-881: Condemning the heinous terrorist attack on Congregation Beth Israel in Colleyvi…](https://policyrisk.com/legislation/117-hres-881)
- [117-hjres-67: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-67)
- [117-hr-6161: Employee Retention Tax Credit Reinstatement Act](https://policyrisk.com/legislation/117-hr-6161)
- [117-hjres-65: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-65)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-8253 (as of 2025-11-18).