[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 803 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 803

To amend the Internal Revenue Code of 1986 to make permanent the credit 
                  for increasing research activities.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 2, 1995

 Mrs. Johnson of Connecticut (for herself, Mr. Matsui, Mr. Herger, and 
  Mr. Neal) introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to make permanent the credit 
                  for increasing research activities.

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

SECTION 1. CREDIT FOR INCREASING RESEARCH ACTIVITIES MADE PERMANENT.

    (a) In General.--Section 41 of the Internal Revenue Code of 1986 
(relating to credit for increasing research activities) is amended by 
striking subsection (h).
    (b) Conforming Amendment.--Paragraph (1) 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, 1995.
                                 <all>