To amend the Internal Revenue Code of 1986 to allow a credit for payments or contributions to certain cooperative research organizations.

Summary

Amends the Internal Revenue Code to allow a tax credit for a percentage of contributions to qualified cooperative research organizations for qualified cooperative research expenditures. Coordinates such credit with the credit for clinical testing expenses for certain drugs for rare diseases or conditions and the deduction for certain expenses for which credits are allowable.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 26 November 1991

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 26 November 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 26 November 1991

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 26 November 1991

  Open at official source

Sponsors

• SANDER LEVIN · D · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1986 to allow a credit for payments or contributions to certain cooperation research organizations.