A bill to amend the Internal Revenue Code of 1954 to exclude the value of certain research and experimental expenditures from the aggregate face amount of certain small issues of industrial development bonds.

Summary

Full Text

Legislative Actions

1. 1981-07-14

   Introduced in Senate

2. 1981-07-14

   Read second time and referred to Senate Committee on Finance.

3. 1981-07-14

   Subcommittee on Taxation and Debt Management took the following actions.

4. 1981-07-20

   Committee on Finance requested executive comment from OMB; Treasury Department.

5. 1981-09-25

   Subcommittee on Taxation and Debt Management. Hearings held.