S 1893 · 109th Congress · Taxation

Biotechnology Future Investment Expansion Act of 2005

Introduced 2005-10-19· Sponsored by Sen. Santorum, Rick [R-PA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S11567-11568)(2005-10-19)

Plain Language Summary

[AI summary unavailable — showing source text] Biotechnology Future Investment Expansion Act of 2005 - Amends the Internal Revenue Code to permit certain biomedical research corporations to engage in investments and other transactions involving shifts in ownership without incurring limitations on net operating loss carryforwards and certain built-in losses.…

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