S. 1770 — Clear Exenders Act of 1999

Summary

Clear Extenders Act of 1999 - Amends the Internal Revenue Code to provide extend the: (1) credit for increasing research activities (permanently); (2) the zero tentative minimum tax; (3) subpart F (Controlled Foreign Corporations) exemption for active financing income; (4) taxable income limit on percentage depletion for marginal oil and gas production; and (5) work opportunity credit and welfare-to-work credit.

Sets forth a revenue offset provision (modifies the estimated tax safe harbor).

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Legislative Actions

1999-10-22
Introduced in Senate
1999-10-22
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
1999-10-25
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342.

Clear Exenders Act of 1999

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