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Sens. Hassan, Young Introduce Bipartisan Bill to Support Innovative Businesses and Startups' Research and Development
October 21, 2020
WASHINGTON, Oct. 21 -- Sen. Maggie Hassan, D-New Hampshire, issued the following news release:

U.S. Senators Maggie Hassan (D-NH) and Todd Young (R-IN), both members of the Senate Finance Committee, introduced the bipartisan American Innovation and Jobs Act to support research and development (R&D) investments by innovative small businesses and startups.

Companies and startups can either deduct R&D investments or claim them as a tax credit, which helps them to . . .

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