S. 1893 · 109th Congress
Biotechnology Future Investment Expansion Act of 2005
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in Senate · Oct 19, 2005
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Biotechnology Future Investment Expansion Act of 2005
Latest action (Oct 19, 2005): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S11567-11568)
Policy area: Taxation · Origin: Senate · Introduced: Oct 19, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.