S 1203
111th Congress
Senate
Taxation
Income tax credits
Research and development
GROWTH Act
Introduced: June 8, 2009
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2009
Read twice and referred to the Committee on Finance.
Jun 8, 2009
Sponsor introductory remarks on measure. (CR S6265-6266)
Jun 8, 2009
Introduced in Senate
Plain-English summary
Grow Research Opportunities With Taxcredits' Help Act or GROWTH Act - Amends the Internal Revenue Code to: (1) extend the tax credit for increasing research activities through 2010; (2) modify the rate of such credit and make such modified credit permanent after 2010; and (3) increase to 20% the rate of the alternative simplified research tax credit after 2010.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1