S.1920: Innovators Job Creation Act

About This Bill

  • Introduced Jan. 14, 2014
  • Latest Major Action Jan. 14, 2014

Bill Sponsor

Bill Summary

Innovators Job Creation Act - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) allow an offset of such credit against liability for the alternative minimum tax (AMT); (3) make permanent the five-year carryback of research tax credit amounts of certain small businesses; and (4) allow a qualified small business, other than a tax-exempt organization, to use a portion, up to $250,000 in...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 14, 2014
Read twice and referred to the Committee on Finance.
Jan. 14, 2014

Introduced in the Senate by Pat Roberts (R-Kan.)

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