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- S.627
S.627: Investment in America Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced March 15, 2005
- Latest Major Action March 15, 2005
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
47 (20 Democrats, 28 Republicans)
Bill Summary
Investment in America Act of 2005 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase the rates of the alternative incremental credit for certain research expenses; and (3) permit a taxpayer election of an alternative simplified tax credit for research expenses in lieu of the standard tax credit for increasing research activities.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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March 15, 2005 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |