HOUSE 1234115th CongressReferred to the House Committee on Ways and Means.

Domestic Research Enhancement Act of 2017

Last Action: 2/27/2017

Actions

2017-02-27Referred to the House Committee on Ways and Means.
2017-02-27Introduced in House
2017-02-27Introduced in House

CRS Summary

As of 2017-02-27 (00)

Domestic Research Enhancement Act of 2017

This bill amends the Internal Revenue Code to allow a research tax credit for 35% of in-house research expenses (contracted research expenses), including any research funded by any grant or contract or by another person or governmental entity.

Cosponsors (2)

George Holding (R-NC)
G. K. Butterfield (D-NC)

Subjects

Income tax credits
Public contracts and procurement
Research and development

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.