3.0.0 6165 2023-01-11T13:21:35Z 2023-01-11T13:21:35Z House H HR 2010-09-22 111 hswm00 Ways and Means Committee House Standing Referred to 2010-09-22T18:02:35Z Life Sciences Jobs and Investment Act of 2010 111 4018 S 2010-12-09 Read twice and referred to the Committee on Finance. Related bill CRS 2010-09-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-09-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-09-22 Introduced in House IntroReferral 1000 9 Library of Congress S001162 Rep. Schwartz, Allyson Y. [D-PA-13] Allyson Schwartz D PA Y. 13 N P000096 Rep. Pascrell, Bill, Jr. [D-NJ-8] WILLIAM PASCRELL D NJ J. 8 2010-09-22 True B000755 Rep. Brady, Kevin [R-TX-8] KEVIN BRADY R TX 8 2010-09-22 True N000181 Rep. Nunes, Devin [R-CA-21] Devin Nunes R CA 21 2010-09-22 True Taxation Business investment and capital Income tax credits Income tax deductions Interest, dividends, interest rates Medical research Research administration and funding Small business Taxation of foreign income Taxation 00 2010-09-22 Introduced in House 2010-10-27T18:46:38Z Life Sciences Jobs and Investment Act of 2010 - Amends the Internal Revenue Code to allow: (1) an increased research tax credit for qualified initial life sciences research expenses; and (2) certain corporations a tax deduction for investments in the United States to hire scientists and researchers engaged in life science research and to fund life science research at universities, qualified research incubators, and other qualified organizations. Terminates such tax incentives after 2015.

Defines "qualified initial life sciences research expenses" as amounts, up to $150 million, attributable to the study of biology, biochemistry, biophysics, bioengineering, microbiology, genetics, or physiology, but excluding sociology or psychology.

]]> Life Sciences Jobs and Investment Act of 2010 Display Title Life Sciences Jobs and Investment Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide incentives for life sciences research. Introduced in House IH Short Titles as Introduced Life Sciences Jobs and Investment Act of 2010 Introduced in House 2010-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6165ih/xml/BILLS-111hr6165ih.xml 2010-09-22 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.