Bill Summary & Status for the 106th Congress

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S.1010
Sponsor: Sen Jeffords, James M. (introduced 5/11/1999)
Latest Major Action: 5/11/1999 Referred to Senate committee
Title: A bill to amend the Internal Revenue Code of 1986 to provide for a medical innovation tax credit for clinical testing research expenses attributable to academic medical centers and other qualified hospital research organizations.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions) (Floor Actions/Congressional Record Page References)
5/11/1999:
Read twice and referred to the Committee on Finance.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(10), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Sen Abraham, Spencer - 7/12/1999 Sen Boxer, Barbara - 5/11/1999
Sen Cochran, Thad - 6/10/1999 Sen Feinstein, Dianne - 5/11/1999
Sen Helms, Jesse - 9/14/1999 Sen Hutchison, Kay Bailey - 5/11/1999
Sen Mack, Connie - 6/8/1999 Sen Robb, Charles S. - 6/18/1999
Sen Rockefeller, John D., IV - 5/11/1999 Sen Santorum, Rick - 6/14/1999

SUMMARY AS OF:
5/11/1999--Introduced.

Amends the Internal Revenue Code to establish a limited credit for qualified medical innovation expenses for clinical testing research expenses attributable to academic medical centers and other qualified hospital research organizations.