HR 1257 · 105th Congress · Taxation

To amend the Internal Revenue Code of 1986 to establish, and provide a checkoff for, a Biomedical Research Fund, and for other purposes.

Introduced 1997-04-09· Sponsored by Rep. Forbes, Michael P. [R-NY-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.(1997-04-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow every individual (other than a nonresident alien) whose adjusted income tax liability for the taxable year is $5 or more, to designate that $5 be paid over to the Biomedical Research Fund. Establishes in the Treasury the Biomedical Research Fund.…

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

Cosponsors (1)

1 Republican