S. 2209 · 110th Congress
Research Credit Improvement Act of 2007
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HatchSponsor21 cosponsors · 9 D, 11 R, 1 I
D
Baucus
MC
D
Cantwell
MC
R
Crapo
JK
D
Kerry
BL
D
Lincoln
OS
R
Snowe
GS
R
Smith
BC
D
Cardin
PR
R
Roberts
KS
D
Salazar
JE
R
Ensign
WA
R
Allard
AS
R
Specter
JB
R
Bunning
CS
D
Schumer
LA
R
Alexander
SC
R
Chambliss
LC
R
Craig
RW
D
Wyden
DS
D
Stabenow
JL
I
Lieberman7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Research Credit Improvement Act of 2007 - Amends the Internal Revenue Code to revise the tax credit for increasing research activities by: (1) phasing-in increases in the alternative simplified tax credit rate through 2009; (2) establishing a 20% alternative simplified tax credit rate in 2010 in lieu of the standard research tax credit rate; (3) increasing…
What it does: CRS summary · Introduced in Senate · Oct 19, 2007
Research Credit Improvement Act of 2007 - Amends the Internal Revenue Code to revise the tax credit for increasing research activities by: (1) phasing-in increases in the alternative simplified tax credit rate through 2009; (2) establishing a 20% alternative simplified tax credit rate in 2010 in lieu of the standard research tax credit rate; (3) increasing the amount of basic and contract research expenses eligible for such tax credit; and (4) making such tax credit permanent.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Research Credit Improvement Act of 2007
Latest action (Oct 19, 2007): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13154-13155)
Policy area: Taxation · Origin: Senate · Introduced: Oct 19, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.