H.R.2514: To amend the Internal Revenue Code of 1986 to make the research credit permanent and to allow such credit for expenses attributable to certain collaborative research consortia.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 19, 1995
  • Latest Major Action Oct. 19, 1995

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Amends the Internal Revenue Code to make permanent the credit for increasing research activities and to allow such a credit for qualified consortia expenses attributable to certain collaborative research consortia. Provides for a reduction for amounts expended on ineligible research.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 19, 1995

Introduced in the House by Richard Zimmer (R-N.J.)

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