II
111th CONGRESS
1st Session
S. 37
IN THE SENATE OF THE UNITED STATES
January 6, 2009
Mr. McCain introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to permanently extend the research credit.
Permanent extension of research credit
In general
Section 41 of the Internal Revenue Code of 1986 is amended by striking subsection (h).
Conforming amendment
Paragraph (1) of section 45C(b) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D).
Effective date
The amendments made by this section shall apply to taxable years beginning after December 31, 2009.