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HR 5821 United States House · 118th Congress

Mental Health Research Accelerator Act of 2023

Summary
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.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides 25% tax credit for mental health research funding, directing government resources toward public health through tax incentives within budget limits.95% confidence ✓ HealthcareSupports HealthcareProvides tax credit for mental health research funding, directly advancing mental health services through research incentives and expanded coverage.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2023
Committee Review
Floor Vote
President
Introduced Sep 28, 2023 Last action Sep 28, 2023
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Sep 28, 2023
Committee
Referred to the House Committee on Ways and Means.
lower
Sep 28, 2023
Introduced
Introduced in House
lower
1 primary · 3 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mike Thompson
Mike Thompson
DDemocratic
CA
4
Co
Photo of Doris O. Matsui
Doris O. Matsui
DDemocratic
CA
7
Co
Photo of John Garamendi
John Garamendi
DDemocratic
CA
8
Co
Photo of Mike Kelly
Mike Kelly
RRepublican
PA
16