DemocratBill · H.R. 4573· House(119-HR-4573)

Innovate to Save Lives Act

Rep. Neguse
Age: 42 years
Colorado
Introduced
7/21/2025
Last activity
7/21/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Joe Neguse
Cosponsors
Democrat - 2Republican - 3
Taxation
  1. Introduced
  2. In Committee

What this bill would do

The Innovate to Save Lives Act proposes an amendment to the Internal Revenue Code of 1986. It seeks to provide a tax credit to small businesses for research activities aimed at mitigating certain drug threats. This credit would amount to 10 percent of qualified drug threat mitigation research expenses. The bill defines specified drugs to include fentanyl, fentanyl-related substances, methamphetamine, and emerging drugs. The legislation also requires a report from the Comptroller General five years after enactment.

Yes· 3 of 11

  • Does this do more about addiction and overdose deaths?+6

    The bill funds research into mitigating the effects of drugs like fentanyl and methamphetamine, which are central to the opioid crisis.

  • Does this cut taxes for small businesses?+5

    The bill provides a 10 percent tax credit for small businesses performing research related to drug threat mitigation.

  • Does this make it easier to run a small business?+5

    The act directly supports small businesses by offering financial relief through tax credits for specific research activities.

The opposite

No question was scored the opposite.