To amend the Internal Revenue Code of 1986 to extend the credit for increasing research activities, and to restore the investment tax credit for a temporary period.
Research, Experimentation, and Investment Incentives Act of 1992 - Amends the Internal Revenue Code to extend the credit for increasing research activities until December 31, 1996. (Currently, such provision expires June 30, 1992.)
Allows an investment tax credit for manufacturing and other productive equipment for the period after December 31, 1991, and before January 1, 1994. Provides for determining such credit.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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