To provide incentives for economic growth, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
(a) Short Title.--This Act may be cited as the ``American Growth, Recovery, Empowerment, and Entrepreneurship Act'' or the ``AGREE Act''. (b) Table of Contents.--The table of contents for this Act is as follows:
Sec. 1. Short title; table of contents. TITLE I--EXTENDING TAX RELIEF FOR SMALL BUSINESSES
Sec. 101. Extension of bonus depreciation; temporary 100 percent expensing for certain business assets. Sec. 102. Extension of increased expensing limitations and treatment of certain real property as section 179 property. Sec. 103. Temporary exclusion of 100 percent of gain on certain small business stock. TITLE II--ENCOURAGING CUTTING-EDGE RESEARCH AND INNOVATION
Sec. 201. Extension of research credit; alternative simplified research credit increased and made permanent. Sec. 202. Enhanced research credit for domestic manufacturers. TITLE III--PROVIDING COMMON-SENSE TAX INCENTIVES FOR VETERANS
Sec. 301. Veterans franchise fee credit. Sec. 302. Publication of information by Department of Veterans Affairs and Small Business Administration. TITLE IV--REGULATORY RELIEF FOR SMALL COMPANIES
Sec. 401. Exemption from the internal control reporting and assessment requirements. TITLE V--REDUCING BARRIERS TO HIGH-SKILLED LEGAL IMMIGRATION
Sec. 501. Numerical limitation to any single foreign state. TITLE VI--PROTECTING AMERICAN BUSINESS AGAINST ILLEGAL COUNTERFEITING
Sec. 601. Preventing the importation of counterfeit products and infringing devices.
TITLE I--EXTENDING TAX RELIEF FOR SMALL BUSINESSES
SEC. 101. EXTENSION OF BONUS DEPRECIATION; TEMPORARY 100 PERCENT EXPENSING FOR CERTAIN BUSINESS ASSETS.