A bill to amend the Internal Revenue Code of 1954 to permit certain scientific or educational organizations to issue tax-exempt bonds to finance scientific or educational facilities or equipment.
Scientific Research Act of 1983 - Amends the Internal Revenue Code to permit certain scientific and educational organizations to issue tax-exempt (interest excluded from gross income) bonds to finance scientific facilities and equipment for the benefit of an institution of higher education.
Referred to House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance requested executive comment from OMB, Treasury Department.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line