US HB871 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on March 2 2011 - 25% progression, died in committee
Action: 2011-03-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 2 2011 - 25% progression, died in committee
Action: 2011-03-02 - 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.
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
| Rep. Heath Shuler [D-NC] | Rep. Sanford Bishop [D-GA] | Rep. David Cicilline [D-RI] | Rep. Bob Gibbs [R-OH] |
| Rep. Duncan Hunter [R-CA] | Rep. Larry Kissell [D-NC] | Rep. Daniel Lipinski [D-IL] | Rep. Donald Manzullo [R-IL] |
| Rep. David McKinley [R-WV] | Rep. Reid Ribble [R-WI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-02 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB1329 (Same As) 2011-04-01 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/871/all-info |
| Text | https://www.congress.gov/112/bills/hr871/BILLS-112hr871ih.pdf |
