[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 134 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 134

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


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 5, 2011

   Mr. Holt introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code 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. PERMANENT EXTENSION OF RESEARCH CREDIT.

    (a) In General.--Section 41 of the Internal Revenue Code of 1986 is 
amended by striking subsection (h).
    (b) Conforming Amendment.--Paragraph (1) of section 45C(b) of such 
Code is amended by striking subparagraph (D).
    (c) Effective Date.--The amendments made by this section shall 
apply to amounts paid or incurred after December 31, 2010.
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