H.R. 1957 — A bill to amend the Internal Revenue Code of 1986 to make permanent the credit for increases in research expenses and for basic research payments.

Summary

Makes permanent the income tax credit for qualified research expenditures by repealing the provisions of the Internal Revenue Code that would terminate such credit for expenses incurred or paid after 1988.

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Related Legislation

H.R. 4333Technical and Miscellaneous Revenue Act of 1988
1988-11-10Became Public Law No: 100-647.
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Legislative Actions

1987-04-06
Introduced in House
1987-04-06
Introduced in House
1987-04-06
Referred to House Committee on Ways and Means.
1988-11-10
Provisions of Measure Incorporated Into H.R.4333.

A bill to amend the Internal Revenue Code of 1986 to make permanent the credit for increases in research expenses and for basic research payments.

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