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.

Bill Number

S 41

Introduced

Jan 22, 2001

Latest Action

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S317)

Sponsor

Cosponsors

Topics

Business income tax Commerce Income tax Research and development tax credit Science, Technology, Communications Taxation

Full Text

Votes

Summary

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

Actions

Jan 22, 2001

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

Sponsor introductory remarks on measure. (CR S315-317)
Jan 22, 2001

Introduced in Senate

Amendments

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