Mental Health Research Accelerator Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 8
- Latest action
- Mar 11, 2025
What it does
The bill would create a new tax credit for expenses related to translational research on neurodegenerative diseases and psychiatric conditions, allowing a 25% credit on qualifying expenses, subject to annual national limits ranging from $1 billion to $2 billion between 2026 and 2031. It affects taxpayers conducting such research, including tax-exempt entities that may transfer the credit to eligible project partners, and prohibits double-dipping by disallowing a tax deduction for the same expenses claimed for the credit. The credit would be part of the general business credit and would expire after 2035, with regulations to be developed by the Treasury Secretary in consultation with health…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.