S.41: A bill to amend the Internal Revenue Code of 1986 to permanently extend the research credit and to increase the rates of the alternative incremental credit.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 22, 2001
  • Latest Major Action Jan. 22, 2001

Bill Summary

Amends the Internal Revenue Code to make permanent the credit for increasing research activities. Increases the alternative incremental credit rates.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Jan. 22, 2001

Introduced in the Senate by Orrin G. Hatch (R-Utah)

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