H.R. 3945 — Introduced in House

I 113th CONGRESS 2d Session H. R. 3945 IN THE HOUSE OF REPRESENTATIVES January 28, 2014 Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to extend for one year the business research credit. 1. Extension of research credit (a) In general Subparagraph (B) of section 41(h)(1) of the Internal Revenue Code of 1986 is amended by striking December 31, 2013 and inserting December 31, 2014. (b) Conforming amendment Subparagraph (D) of section 45C(b)(1) of the Internal Revenue Code of 1986 is amended by striking December 31, 2013 and inserting December 31, 2014. (c) Effective date The amendments made by this section shall apply to amounts paid or incurred after December 31, 2013.