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- S.455
S.455: Innovators Job Creation Act of 2015
About This Bill
- Introduced Feb. 11, 2015
- Latest Major Action Feb. 11, 2015
Bill Sponsor
Bill Summary
Innovators Job Creation Act of 2015 Amends the Internal Revenue Code to allow a qualified small business to elect to use a portion of its tax credit for increasing research expenditures as an offset against its payroll tax liability under the Federal Insurance Contributions Act. Defines "qualified small business" as a corporation, a partnership, or a person other than a tax-exempt organization that had gross receipts of less than $5 million...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 11, 2015 |
Read twice and referred to the Committee on Finance.
|
| Feb. 11, 2015 |
Introduced in the Senate by Pat Roberts (R-Kan.) |