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- H.R.2138
H.R.2138: Investment in America Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced May 3, 2007
- Latest Major Action May 3, 2007
Bill Sponsor
Bill Cosponsors
167 (82 Democrats, 86 Republicans)
Bill Summary
Investment in America Act of 2007 - Amends the Internal Revenue Code to: (1) increase from 12 to 20% the rate of the alternative simplified tax credit for research expenses; (2) make permanent the tax credit for increasing research activities; and (3) repeal the alternative incremental tax credit for research expenses.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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May 3, 2007 |
Introduced in the House by Sander M. Levin (D-Mich.) |