S 41 · 107th Congress 2001–2003, ended

A bill to amend the Internal Revenue Code of 1986 to permanently extend the research credit and to increase the rates of the alternative incremental credit.

Introduced Jan 22, 2001 Originated Senate Sponsor Orrin G. Hatch R-UT

Fact sheet

Latest action · Jan 22, 2001 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S317)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJan 22, 2001
Passed SenateNot reached
Passed HouseNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Amends the Internal Revenue Code to make permanent the credit for increasing research activities. Increases the alternative incremental credit rates.

Cosponsors 53

Members who signed on, in the order they did. Signatures ran from Jan 22, 2001 to Jun 5, 2001, with 14 there on the day it was introduced.

Seat	Cosponsor		Signed on
D-AR	Blanche L. Lincoln	Original	Jan 22, 2001
D-FL	Bob Graham	Original	Jan 22, 2001
R-AK	Frank H. Murkowski	Original	Jan 22, 2001
I-VT	James M. Jeffords	Original	Jan 22, 2001
D-NM	Jeff Bingaman	Original	Jan 22, 2001
D-LA	John B. Breaux	Original	Jan 22, 2001
D-WV	John D. Rockefeller IV	Original	Jan 22, 2001
D-MA	John F. Kerry	Original	Jan 22, 2001
R-AZ	Jon Kyl	Original	Jan 22, 2001
D-ND	Kent Conrad	Original	Jan 22, 2001
D-MT	Max Baucus	Original	Jan 22, 2001
R-ME	Olympia J. Snowe	Original	Jan 22, 2001
D-NJ	Robert G. Torricelli	Original	Jan 22, 2001
D-SD	Thomas A. Daschle	Original	Jan 22, 2001
D-MI	Carl Levin		Jan 31, 2001

Show all 53 cosponsors

Actions 3

Everything that happened, newest first.

Jan 22, 2001Introduced in Senate
Jan 22, 2001Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S317)
Jan 22, 2001Sponsor introductory remarks on measure. (CR S315-317)

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 41	To amend the Internal Revenue Code of 1986 to permanently extend the research credit and to increase the rates of the alternative incremental credit.	Identical bill	Jan 3, 2001

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.