Mental Health Research Accelerator Act of 2023
Legislative Progress
Introduced
September 28, 2023
Latest Action
September 28, 2023
Primary Sponsor
Mike ThompsonDemocratic(CA)
Momentum (last 30 days)
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Mental Health Research Accelerator Act of 2023 This bill allows a tax credit through 2033 for 25% of expenses for translational research regarding neurodegenerative diseases and psychiatric conditions. The credit amount is subject to limitations, including an aggregate national limitation of $1 billion in 2024, $2 billion in 2025-2028, and $1 billion in 2029.
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov