S. 1425 — Biotechnology Tax Credit Act of 1999

Summary

Biotechnology Tax Credit Act of 1999 - Amends the Internal Revenue Code to: (1) extend the credit for increasing research activities until June 30, 2009; and (2) establish a biotechnology investment credit equal to ten percent of the annual qualified investment.

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Legislative Actions

1999-07-22
Introduced in Senate
1999-07-22
Sponsor introductory remarks on measure. (CR S9084-9086)
1999-07-22
Read twice and referred to the Committee on Finance.

Biotechnology Tax Credit Act of 1999

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