Public Benefit Collaborative Research Tax Credit Act of 1999
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Public Benefit Collaborative Research Tax Credit Act of 1999 - Amends the Internal Revenue Code to extend the tax credit for increasing research activities to 20 percent of expenses attributable during the taxable year (including as contributions) to a qualified collaborative research consortium. Defines such a consortium as a tax-exempt, non-private organization operated primarily to conduct scientific research, contributions to which during the taxable year by at least 15 unrelated persons meet specified limits.
Repeals the contract research expense limitation applicable to such consortia.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 1328: Public Benefit Collaborative Research Tax Credit Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-HR-1328/
"H.R. 1328: Public Benefit Collaborative Research Tax Credit Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-1328/.
H.R. 1328, 106th Cong. (2026), https://openamerica.io/bill/106-HR-1328/.
[H.R. 1328: Public Benefit Collaborative Research Tax Credit Act of 1999](https://openamerica.io/bill/106-HR-1328/)