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S 58 100th Congress Senate

Research and Development Incentive Act of 1987

Official title: A bill to amend the Internal Revenue Code of 1986 to make the credit for increasing research activities permanent and to increase the amount of such credit.

Introduced: January 6, 1987 See on congress.gov
Taxation Corporations and StocksIncome taxResearch and developmentResearch and development tax credit
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Science and technologyTax credits
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 3, 1987
Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 100-156.
Jan 6, 1987
Read twice and referred to the Committee on Finance.
Jan 6, 1987
Introduced in Senate
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 Latest action April 3, 1987

Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 100-156.

 Plain-English summary Congressional Research Service

Research and Development Incentive Act of 1987 - Amends the Internal Revenue Code to make permanent the income tax credit for increasing research activities. (Present law terminates such credit as of December 31, 1988.)

Increases the amount of such credit from 20 to 25 percent of the increase in expenses of such research activities.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Jun 2, 1987
Cite this page click to expand
APA
U.S. Congress. (2026). S. 58: Research and Development Incentive Act of 1987. 100th Congress. Open America. https://openamerica.io/bill/100-S-58/
MLA
"S. 58: Research and Development Incentive Act of 1987." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-S-58/.
Bluebook (legal)
S. 58, 100th Cong. (2026), https://openamerica.io/bill/100-S-58/.
Markdown link
[S. 58: Research and Development Incentive Act of 1987](https://openamerica.io/bill/100-S-58/)
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