Legislators
Bills
Statements
Lobbying
Travel
- Bills
- H.R.717
H.R.717: Research and Development Tax Credit Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 27, 2009
- Latest Major Action Jan. 27, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Research and Development Tax Credit Act of 2009 - Amends the Internal Revenue Code to: (1) modify the tax credit for increasing research expenses to establish a standard 20% credit rate for research expenses exceeding 50% of average expenses over the preceding three year period; (2) establish a uniform 80% reimbursement rate for all contract research expenses (100% for basic research payments); (3) make such tax credit permanent; (4) allow a...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
|
Jan. 27, 2009 |
Introduced in the House by Eddie Bernice Johnson (D-Texas) |