HR 4795 · 100th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to make the research credit available to certain start-up ventures.

Introduced 1988-06-13· Sponsored by Rep. Downey, Thomas J. [D-NY-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1988-06-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to apply the research tax credit to in-house research expenses that the taxpayer pays or incurs for the principal purpose of using the research results in the active conduct of a future trade or business.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat