S. 627 · 109th Congress
Investment in America Act of 2005
- Stage
- In committee
- Sponsor
- Orrin Hatch
- Introduced
- 2005-03-15
- Latest action
- 2005-03-15 · Introduced in Senate
Summary
Investment in America Act of 2005 - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase the rates of the alternative incremental credit for certain research expenses; and (3) permit a taxpayer election of an alternative simplified tax credit for research expenses in lieu of the standard tax credit for increasing research activities.