A bill to amend the Internal Revenue Code of 1986 to extend permanently and expand the research tax credit.

Summary

Amends the Internal Revenue Code to repeal the June 30, 1999, termination date for the research tax credit. Increases by one percent the alternative incremental tax credit for qualified research. Extends such credit to qualified research performed after December 31, 1999, in Puerto Rico or any other U.S. possession.

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

Timeline

1. 27 October 1999

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 27 October 1999

   Introduced

   Sponsor introductory remarks on measure. (CR S13262)

   Source: IntroReferral

3. 27 October 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 27 October 1999 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 October 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 October 1999

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 27 October 1999

  Open at official source

Sponsors

• Sen. Robb, Charles S. [D-VA] · D · Sponsor
• Rep. Baucus, Max [D-MT-1] · D · Sponsor
• Sen. Bingaman, Jeff [D-NM] · D · Sponsor
• Rep. Boxer, Barbara [D-CA-6] · D · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Sen. Kennedy, Edward M. [D-MA] · D · Sponsor
• Sen. Kerry, John F. [D-MA] · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Sponsor
• Patty Murray · D · Sponsor
• Sen. Reid, Harry [D-NV] · D · Sponsor
• Sen. Sarbanes, Paul S. [D-MD] · D · Sponsor
• Sen. Lieberman, Joseph I. [D-CT] · D · Sponsor
• Rep. Dodd, Christopher J. [D-CT-2] · D · Cosponsor
• Rep. Torricelli, Robert G. [D-NJ-9] · D · Cosponsor
• · ssfi00 · Standing

Related records

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