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        <title>A bill to amend the Internal Revenue Code of 1986 to provide a tax credit for medical research related to developing qualified infectious disease products.</title>
        <congress>110</congress>
        <number>2351</number>
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          <actionDate>2007-11-14</actionDate>
          <text>Read twice and referred to the Committee on Finance.</text>
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        <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2007-11-15</actionDate>
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        <bioguideId>T000326</bioguideId>
        <fullName>Rep. Towns, Edolphus [D-NY-10]</fullName>
        <firstName>EDOLPHUS</firstName>
        <lastName>TOWNS</lastName>
        <party>D</party>
        <state>NY</state>
        <district>10</district>
        <isByRequest>N</isByRequest>
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        <fullName>Rep. Davis, Danny K. [D-IL-7]</fullName>
        <firstName>DANNY</firstName>
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        <party>D</party>
        <state>IL</state>
        <middleName>K.</middleName>
        <district>7</district>
        <sponsorshipDate>2007-11-15</sponsorshipDate>
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      <item>
        <bioguideId>W000784</bioguideId>
        <fullName>Rep. Wynn, Albert Russell [D-MD-4]</fullName>
        <firstName>ALBERT</firstName>
        <lastName>WYNN</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>R.</middleName>
        <district>4</district>
        <sponsorshipDate>2007-11-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>R000515</bioguideId>
        <fullName>Rep. Rush, Bobby L. [D-IL-1]</fullName>
        <firstName>BOBBY</firstName>
        <lastName>RUSH</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>L.</middleName>
        <district>1</district>
        <sponsorshipDate>2007-11-15</sponsorshipDate>
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      <item>
        <bioguideId>B001251</bioguideId>
        <fullName>Rep. Butterfield, G. K. [D-NC-1]</fullName>
        <firstName>G. K.</firstName>
        <lastName>Butterfield</lastName>
        <party>D</party>
        <state>NC</state>
        <district>1</district>
        <sponsorshipDate>2007-12-04</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
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          <name>Antibiotics</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Communicable diseases</name>
        </item>
        <item>
          <name>Drug industry</name>
        </item>
        <item>
          <name>Health</name>
        </item>
        <item>
          <name>Income tax</name>
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        <item>
          <name>Medical tests</name>
        </item>
        <item>
          <name>Pharmaceutical research</name>
        </item>
        <item>
          <name>Preventive medicine</name>
        </item>
        <item>
          <name>Research and development tax credit</name>
        </item>
        <item>
          <name>Science, Technology, Communications</name>
        </item>
        <item>
          <name>Vaccines</name>
        </item>
        <item>
          <name>Virus diseases</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
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    <summaries>
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        <actionDate>2007-11-15</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-12-20T19:24:10Z</updateDate>
        <text><![CDATA[ <p>Amends the Internal Revenue Code to allow a general business tax credit for 50% of expenses paid for research and development of any qualified infectious disease product. Defines &quot;qualified infectious disease product&quot; as any antibiotic drug, antiviral, diagnostic test, biological product, or vaccine developed to treat, detect, prevent, or identify certain pathogens. Terminates such credit after 2012.</p>]]></text>
      </summary>
    </summaries>
    <title>To amend the Internal Revenue Code of 1986 to provide a tax credit for medical research related to developing qualified infectious disease products.</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide a tax credit for medical research related to developing qualified infectious disease products.</title>
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        <billTextVersionCode>IH</billTextVersionCode>
      </item>
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        <titleType>Display Title</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide a tax credit for medical research related to developing qualified infectious disease products.</title>
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        <type>Introduced in House</type>
        <date>2007-11-15T05:00:00Z</date>
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    <latestAction>
      <actionDate>2007-11-15</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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