Skip to main content
HR 6723 97th Congress House Taxation Business and commerce Corporations Education Income tax Research and development Science and technology Scientific education Tax credits Tax deductions Tax incentives

Scientific Research, Education, and Technical Equipment Act

Introduced: June 24, 1982 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 24, 1982
Referred to House Committee on Ways and Means.
Jun 24, 1982
Introduced in House
 Ask about this bill AI · grounded in the bill text

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.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Scientific Research, Education, and Technical Equipment Act - Amends the Internal Revenue Code to increase from 65 to 100 percent the corporate income tax credit for the cost of certain basic research performed by colleges, universities, and certain research organizations and for scientific education.

Sets special rules for grants made to certain research funds.

Disqualifies subchapter S corporations, personal holding companies, and personal service corporations for the credit.

Allows an income tax credit for ten percent of the qualified costs of sharing scientific and technical equipment with an education or other nonprofit organization.

Revises requirements for the deduction for contributions of research equipment to certain educational institutions.

Allows a tax deduction for the value of services provided under a standard service contract with a qualified organization in connection with a research and education contribution. Limits the deduction to 150 percent of the costs of the taxpayer in providing such services.

What's happening now June 24, 1982

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6723: Scientific Research, Education, and Technical Equipment Act. 97th Congress. Open America. https://openamerica.io/bill/97-HR-6723/
MLA
"H.R. 6723: Scientific Research, Education, and Technical Equipment Act." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-6723/.
Bluebook (legal)
H.R. 6723, 97th Cong. (2026), https://openamerica.io/bill/97-HR-6723/.
Markdown link
[H.R. 6723: Scientific Research, Education, and Technical Equipment Act](https://openamerica.io/bill/97-HR-6723/)
Report a problem