,,ii  #aac? ,,congress  #b;d ,session   
,s4 #bgag  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #ca1 #bjad ,mrs4 
,gillibr& introduc$ ! foll[+ bill2 :i* 0
 read twice & ref]r$ to ! ,committee on 
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code to provide a refundable   
cr$it = co/s associat$ ) ,in=mation ,%>+
 & ,analysis ,organizations4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,cyb]   
,in=mation ,%>+ ,tax ,cr$it ,act4  #b4  
,in=mation %>+ & analysis organization  
cr$it  7a7 ,9 g5]al ,subp>t ,c ( "p ,,iv
 ( sub*apt] ,a ( *apt] #a ( ! ,int]nal  
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] section #cf;,b ! foll[+ new       
section3  #cf;,c4 ,in=mation %>+ &      
analysis organization cr$it  7a7 ,9     
g5]al ,!re %all be all[$ z a cr$it aga9/
 ! tax impos$ by ?is subtitle = any     
taxable ye> an am\nt equal to ! qualifi$
 ,in=mation ,%>+ & ,analysis            
,organization co/s paid or incurr$ by ! 
taxpay] dur+ su* taxable ye>4  7b7      
,qualifi$ ,in=mation ,%>+ & ,analysis   

,organization co/s ,= purposes ( ?is    
section-- 7#a7 ,9 g5]al ,! t]m qualifi$ 
,in=mation ,%>+ & ,analysis             
,organization co/s means ! sum (-- 7,a7 
dues = memb]%ip 9 an ,in=mation ,%>+ &  
,analysis ,organization1  7,b7 p]sonnel 
p>ticipation co/s1  7,c7 product &      
s]vice co/s directly relat$ to ! %>+ (  
in=mation ) ! ,in=mation ,%>+ &         
,analysis ,organization1 &  7,d7 o!r    
am\nts 7n includ+ am\nts = travel7      
relat+ to p>ticipation 9 activities ( ! 
,in=mation ,%>+ & ,analysis             
,organization4  7#b7 ,p]sonnel          
p>ticipation co/s ,! t]m p]sonnel       
p>ticipation co/s means ! co/ associat$ 
) ! "t t employees ( ! taxpay] sp5d     
p>ticipat+ 9 activities ( an ,in=mation 
,%>+ & ,analysis ,organization on behalf
 ( ! taxpay]1 det]m9$ on ! basis ( !    
regul> h\rly comp5sation paid to ea* su*
 employee4  7#c7 ,in=mation ,%>+ &      
,analysis ,organization ,! t]m          
,in=mation ,%>+ & ,analysis             
,organization has ! mean+ giv5 su* t]m  

by section #bab7e7 ( ! ,homel& ,security
 ,act ( #bjjb 7#f ,u4,s4,c4 #aca7e771 or
 su* o!r mean+ z id5tifi$ by ! ,secret>y
 9 consultation ) ! ,secret>y ( ,homel& 
,security4  4  7b7 ,con=m+ am5dm5t      
,p>agraph 7#b7 ( section #acbd7;b7 (    
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by ins]t+ 1 #cf;,c aft] #cf;,b4  7c7   
,cl]ical am5dm5t ,! table ( sections =  
subp>t ,c ( "p ,,iv ( sub*apt] ,a (     
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] ! item    
relat+ to section #cf;,b ! foll[+ new   
item3  ,sec4 #cf;,c4 ,in=mation %>+ &   
analysis organization cr$it4  4  7d7    
,effective date ,! am5dm5ts made by ?is 
section %all apply to am\nts paid or    
incurr$ aft] ,decemb] #ca1 #bjad4