S 2256 · 97th Congress · Taxation

Research and Development Tax Planning Act of 1982

Introduced 1982-03-23· Sponsored by Sen. Wallop, Malcolm [R-WY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1982-03-25)

Plain Language Summary

[AI summary unavailable — showing source text] Research and Development Tax Planning Act of 1982 - Amends the Internal Revenue Code to make permanent the income tax credit for increased research activities. Requires the allocation of all expenditures made for research and experimentation conducted in the United States to United States source income, for income tax purposes.…

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

Cosponsors (4)

2 Democrats2 Republicans