HR 2138
110th Congress
House
Taxation
Commerce
Income tax
Industrial research
Research and development tax credit
Science, Technology, Communications
Investment in America Act of 2007
Introduced: May 3, 2007
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 3, 2007
Referred to the House Committee on Ways and Means.
May 3, 2007
Introduced in House
Plain-English summary
Investment in America Act of 2007 - Amends the Internal Revenue Code to: (1) increase from 12 to 20% the rate of the alternative simplified tax credit for research expenses; (2) make permanent the tax credit for increasing research activities; and (3) repeal the alternative incremental tax credit for research expenses.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1