S 1585 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to disallow the research and experimentation credit for contributions of certain scientific property used for research.

Introduced 1983-06-29· Sponsored by Sen. Danforth, John C. [R-MO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB, Treasury Department.(1983-07-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the cost of certain scientific property for which a charitable contribution deduction is allowable shall not be treated as a qualified research expense for purposes of the income tax credit for increasing research activities.…

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

Cosponsors (1)

1 Republican
Sen. Dole, Robert J. [R-KS]KS