Summary: H.R.3979 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.3979. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/26/1991)

Amends the Internal Revenue Code to allow a tax credit for a percentage of contributions to qualified cooperative research organizations for qualified cooperative research expenditures. Coordinates such credit with the credit for clinical testing expenses for certain drugs for rare diseases or conditions and the deduction for certain expenses for which credits are allowable.