[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 844 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 844

   To amend the Internal Revenue Code of 1986 to provide a permanent 
                   extension of the research credit.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 4, 1993

  Mrs. Lloyd introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to provide a permanent 
                   extension of the research credit.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PERMANENT EXTENSION OF RESEARCH CREDIT.

    (a) General Rule.--Section 41 of the Internal Revenue Code of 1986 
is amended by striking subsection (h).
    (b) Conforming Amendment.--Paragraph (1) of section 28(b) of such 
Code is amended by striking subparagraph (D).
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after June 30, 1992.

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