Legislative Activity R & D Tax Credits On Wednesday, the House is scheduled to consider a bill (HR 4438) to permanently extend the research and development (R & D) tax credit while modifying the calculation method and the rate for the tax credit. As the temporary tax credit provision for qualified R & D expenses … Continue Reading
Legislative Activity House Budget Resolution Last Tuesday, House Budget Committee Chairman Paul Ryan (R-WI) released the House Republican FY 2015 Budget Resolution, the Path to Prosperity. It was approved in the House Budget Committee on a party-line vote last Wednesday and the House plans to consider the Budget Resolution on the floor next week. The … Continue Reading
Legislative Activity Senate HELP Committee Legislative Priorities Last week, Senate Health, Education, Labor and Pensions (HELP) Committee Chairman Tom Harkin (D-IA) outlined the Committee’s legislative agenda for the coming year, which will be his final year in the Senate as he plans to retire at the end of 2014. Included on his list of priorities … Continue Reading