H.R. 457 · 110th Congress

Cures Can Be Found Act of 2007

Stage
In committee
Sponsor
Ron Paul
Introduced
2007-01-12
Latest action
2007-01-12 · Introduced in House

Summary

Cures Can Be Found Act of 2007 - Amends the Internal Revenue Code to allow tax credits for donations: (1) to stem cell research or storage facilities; (2) of umbilical cord blood. Allows credits only for donations to facilities that do not engage in research on stem cells derived from human embryos.

Allows a business tax credit for stem cell research and storage expenses.