ACEC Urges House to Pass HR 7024 to Fix the Crippling R&D Tax Amortization

In a pressing call to action, Linda Bauer Darr, President and CEO of the American Council of Engineering Companies (ACEC), has issued a statement urging the U.S. House of Representatives to swiftly pass HR 7024. This legislation, titled the Tax Relief for American Families and Workers Act of 2024, would rectify the debilitating R&D tax amortization issue plaguing small engineering firms across the nation.