H.R. 947 — To amend the Internal Revenue Code of 1986 to permanently extend the research credit and to allow greater opportunity to elect the alternative incremental credit.

Summary

Amends the Internal Revenue Code to make permanent the credit for increasing research activities. Removes a restriction on electing the alternative incremental credit.

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Related Legislation

S. 405A bill to amend the Internal Revenue Code of 1986 to permanently extend the research credit and to allow greater opportunity to elect the alternative incremental credit.
1997-03-05Read twice and referred to the Committee on Finance.
Related
H.R. 2014Budget Reconciliation bill
1997-09-09Disapproval bills introduced: S. 1157 and H.R. 2444.
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Legislative Actions

1997-03-05
Introduced in House
1997-03-05
Introduced in House
1997-03-05
Sponsor introductory remarks on measure. (CR E380-381)
1997-03-05
Referred to the House Committee on Ways and Means.
1997-08-05
See H.R.2014.

To amend the Internal Revenue Code of 1986 to permanently extend the research credit and to allow greater opportunity to elect the alternative incremental credit.

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