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Proposed Legislation › Biotechnology › Tax Credits

Fenwick & West LLP

House Reconciliation Bill Would Restore Expensing for Domestic R&D Prospectively

Fenwick & West LLP on

On May 22, 2025, the U.S. House of Representatives passed a reconciliation bill (commonly referred to as the “One Big Beautiful Bill”), which would restore expensing for domestic research and development expenses incurred in...more

Bergeson & Campbell, P.C.

Illinois State Senators Introduce Legislation To Boost Biobased Economy

Bergeson & Campbell, P.C. on

On February 9, 2017, Illinois State Senators Andy Manar and Chapin Rose introduced legislation aimed at growing Illinois’ biobased economy by providing incentives under the Renewable Chemical Production Tax Credit Program...more

Bergeson & Campbell, P.C.

Tax Credits For Renewable Chemical Production Introduced In The House

Bergeson & Campbell, P.C. on

On July 29, 2015, a bill to amend the Internal Revenue Code of 1986 to provide credits for the production of renewable chemicals and investments in renewable chemical production facilities, and for other purposes (H.R. 3390)...more

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