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Tax Incentives Life Sciences Proposed Legislation

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

Sheppard Mullin Richter & Hampton LLP

Proposed Tax Incentives for Life Sciences Research

A bill was recently introduced in the House of Representatives that would provide significant tax incentives for life sciences research. Under current law, a 20% tax credit is available for spending on qualified research in...more

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