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- H.R.871
H.R.871: To amend the Internal Revenue Code of 1986 to make the credit for research activities permanent and to provide an increase in such credit for taxpayers whose gross receipts are predominantly from domestic production activities.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced March 2, 2011
- Latest Major Action March 2, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (4 Democrats, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities, and (2) increase the amount of such credit for taxpayers who earn more than 50% of their gross receipts from domestic production activities.
(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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March 2, 2011 |
Introduced in the House by Heath Shuler (D-N.C.) |