U.S. Senators Heinrich and Luján introduced a bipartisan bill enhancing R&D tax credits for innovative businesses in New Mexico.
Quiver AI Summary
U.S. Senators Martin Heinrich and Ben Ray Luján have introduced the bipartisan American Innovation and Jobs Act, aimed at boosting research and development (R&D) investments among small businesses and startups in New Mexico. The bill proposes to expand refundable R&D tax credits and restore full deductions for R&D expenses, reversing changes made in 2017.
Heinrich stated, "Innovation is the engine of a strong economy," emphasizing that the proposed tax incentives could foster job creation and economic growth. Luján echoed this sentiment, noting the importance of R&D investments for maintaining U.S. competitiveness globally.
The legislation outlines several key provisions, including raising the cap on refundable R&D credits for startups and expanding eligibility for these incentives, thereby supporting long-term investment in innovative products and technologies.
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Martin Heinrich Net Worth
Quiver Quantitative estimates that Martin Heinrich is worth $613.0K, as of August 22nd, 2025. This is the 378th highest net worth in Congress, per our live estimates.
Heinrich has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Martin Heinrich's net worth on Quiver Quantitative's politician page for Heinrich.
Martin Heinrich Bill Proposals
Here are some bills which have recently been proposed by Martin Heinrich:
- S.2598: Forest Bioeconomy Act
- S.2597: Saving the Department of the Interior's Workforce Act
- S.2596: Saving the Forest Service's Workforce Act
- S.2595: Saving the Department of Energy's Workforce Act
- S.2564: Tribal Gaming Regulatory Compliance Act
- S.2482: TRICARE Travel Improvement Act
You can track bills proposed by Martin Heinrich on Quiver Quantitative's politician page for Heinrich.
Martin Heinrich Fundraising
Martin Heinrich recently disclosed $240.3K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 361st most from all Q2 reports we have seen this year. 71.5% came from individual donors.
Heinrich disclosed $212.0K of spending. This was the 249th most from all Q2 reports we have seen from politicians so far this year.
Heinrich disclosed $262.1K of cash on hand at the end of the filing period. This was the 602nd most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Martin Heinrich's fundraising on Quiver Quantitative.
