HR 119 IHCommentsClose CommentsPermalink

113th CONGRESSCommentsClose CommentsPermalink

1st SessionCommentsClose CommentsPermalink

H. R. 119CommentsClose CommentsPermalink

To amend the Internal Revenue Code to make permanent the credit for increasing research activities.CommentsClose CommentsPermalink

IN THE HOUSE OF REPRESENTATIVESCommentsClose CommentsPermalink

January 3, 2013CommentsClose CommentsPermalink

Mr. HOLT introduced the following bill; which was referred to the Committee on Ways and MeansCommentsClose CommentsPermalink

A BILLCommentsClose CommentsPermalink

To amend the Internal Revenue Code to make permanent the credit for increasing research activities.CommentsClose CommentsPermalink

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,CommentsClose CommentsPermalink

SECTION 1. PERMANENT EXTENSION OF RESEARCH CREDIT.

(a) In General- Section 41 of the Internal Revenue Code of 1986 is amended by striking subsection (h).CommentsClose CommentsPermalink





(b) Conforming Amendment- Paragraph (1) of section 45C(b) of such Code is amended by striking subparagraph (D).CommentsClose CommentsPermalink





(c) Effective Date- The amendments made by this section shall apply to amounts paid or incurred after December 31, 2011.CommentsClose CommentsPermalink