Join together in urging Congress to protect businesses’ ability to continue to immediately deduct research and development expenses, finance job-creating investments through a pro-growth interest deductibility standard and fully deduct capital equipment purchases.

TECNA (Technology Council of North America) wants to alert you to a major issue that is threatening the region’s tech and manufacturing industries and asks for your support in communicating your concerns to your Senators and Representatives in Congress.

As part of our ongoing advocacy to securing passage of our tax priorities relating to research and development, interest deductibility and full expensing, TECNA is partnering with NAM and the R&D Coalition to generate a multi-industry sign-on letter calling on the U.S. Congress to: a) protect businesses' ability to continue to immediately deduct R&D expenses, b) finance job-creating investments through a pro-growth interest deductibility standard, and c) fully deduct capital equipment purchases.

Given the uncertainty around House leadership and 2024’s approaching presidential election cycle, it is critical that we continue to encourage Members of Congress to focus on our policy priorities. To do so, we must join other industry partners for a show of focus and strength by generating as many signatures as possible to emphasize this business priority for this year!

Interested industry associations, state and local chambers, allied organizations and companies are encouraged to sign the letter, linked here. 

The deadline is October 23, 2023.

NOTE: TCCP is a member of TECNA and is passing along this information. Membership does not imply endorsement.