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- H.R.1039
H.R.1039: To amend the Internal Revenue Code of 1986 to provide for a medical innovation tax credit for clinical testing research expenses attributable to academic medical centers and other qualified hospital research organizations.
About This Bill
- This bill was introduced in the 106th Congress
- This bill is primarily about taxation
- Introduced March 9, 1999
- Latest Major Action March 9, 1999
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
53 (34 Democrats, 20 Republicans)
Bill Summary
Amends the Internal Revenue Code to establish a limited credit for "qualified medical innovation expenses." Defines such expenses as amounts paid by a taxpayer to any qualified academic institution for clinical testing research activities.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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March 9, 1999 |
Introduced in the House by Sam Johnson (R-Texas) |