US HB1329 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on April 1 2011 - 25% progression, died in committee
Action: 2011-04-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities, and (2) increase the amount of such credit for taxpayers who earn more than 50% of their gross receipts from domestic production activities.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

To amend the Internal Revenue Code of 1986 to make the credit for research activities permanent and to provide an increase in such credit for taxpayers whose gross receipts are predominantly from domestic production activities.

Sponsors


History

DateChamberAction
2011-04-01HouseReferred to the House Committee on Ways and Means.

Same As/Similar To

HB871 (Same As) 2011-03-02 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

feedback