HR 4767 · 108th Congress · Taxation

To amend the Internal Revenue Code of 1986 to triple the amount of the credit allowed for basic research.

Introduced 2004-07-07· Sponsored by Rep. Smith, Nick [R-MI-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2004-07-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase from 20 to 60 percent the credit amount for basic research expenditures under the tax credit for increasing research activities.…

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