To amend the Internal Revenue Code of 1986 to make permanent the credit for increasing research activities, to increase such credit for amounts paid or incurred for qualified research occurring in the United States, and to increase the domestic production activities deduction for the manufacture of property substantially all of the research and development of which occurred in the United States.
21st Century Investment Act of 2010 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research expenses; (2) increase such credit for amounts paid or incurred for research substantially all of which occurs in the United States; and (3) increase the domestic production activities tax deduction for income attributable to the manufacture or production of property with respect to which substantially all of the research and development occurred in the United States.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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