United States · Bill · S
S. 2209 (110th)
Research Credit Improvement Act of 2007
Introduced
19 October 2007
Last action
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Status
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13154-13155)
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Research Credit Improvement Act of 2007 - Amends the Internal Revenue Code to revise the tax credit for increasing research activities by: (1) phasing-in increases in the alternative simplified tax credit rate through 2009; (2) establishing a 20% alternative simplified tax credit rate in 2010 in lieu of the standard research tax credit rate; (3) increasing the amount of basic and contract research expenses eligible for such tax credit; and (4) making such tax credit permanent.
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 19 October 2007
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 October 2007
Introduced in Senate
summary · EN · 19 October 2007
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/senate-bill/2209
- Open data entity: https://api.congress.gov/v3/bill/110/s/2209