A bill to amend section 46 of the Internal Revenue Code of 1954 to provide that the investment tax credit will apply to research and development expenditures.
Research and Development Incentive Act of 1979 - Amends the Internal Revenue Code to extend the investment tax credit to research and experimental expenditures in connection with the taxpayer's trade or business.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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