R&D Amortization: ACEC Member
Action Needed Now
Congress returns this week and there are still legislative opportunities to fix R&D amortization before the end of 2023. We are asking ACEC members to contact their Members of Congress and stress the urgency of acting now.
House and Senate tax-writers are negotiating a compromise tax package that would include a multi-year fix to R&D amortization, as well as other business and family tax provisions. We need your Representative and Senators to ask congressional leaders to attach this package to legislation that will get to the President’s desk before the end of the year.
Congress needs to understand the urgency of fixing R&D amortization now. Even if you contacted your Members of Congress earlier this year, we need you to take action again.