S 58
100th Congress
Senate
Taxation
Corporations and Stocks
Income tax
Research and development
Research and development tax credit
Science and technology
Tax credits
Research and Development Incentive Act of 1987
Introduced: January 6, 1987
See on congress.gov
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
Plain-English summary
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.
What's happening now
Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 100-156.
Committees of jurisdiction
2
Cosponsors
1