3.0.0 43 2023-01-11T13:28:47Z 2023-01-11T13:28:47Z Senate S 2015-01-07 114 ssfi00 Finance Committee Senate Standing Referred to 2015-01-07T20:04:42Z 2015-01-07 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2015-01-07 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N Taxation Cell biology and embryology Health promotion and preventive care Income tax credits Medical research Taxation 00 2015-01-07 Introduced in Senate 2015-01-26T22:07:41Z Ethical Stem Cell Research Tax Credit Act of 2015

Amends the Internal Revenue Code to allow a tax credit for 30% of qualified stem cell research expenses paid or incurred in a taxable year. Defines "qualified stem cell research expenses" as expenses for carrying out basic and applied research to develop techniques for the isolation, derivation, production, testing, and human clinical use of stem cells that may result in improved understanding of or treatments for diseases and other adverse health conditions. Prohibits a tax credit for any research expenses that may involve: (1) the creation of a human embryo for research purposes; (2) the destruction of or discarding of, or risk of injury to, a human embryo; or (3) the use of any stem cell for prohibited purposes.

]]> Ethical Stem Cell Research Tax Credit Act of 2015 Display Title Ethical Stem Cell Research Tax Credit Act of 2015 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain stem cell research expenditures. Introduced in Senate IS Short Titles as Introduced Ethical Stem Cell Research Tax Credit Act of 2015 Introduced in Senate 2015-01-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s43is/xml/BILLS-114s43is.xml 2015-01-07 Read twice and referred to the Committee on Finance. 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.