HR 1732

112th CONGRESS
1st Session

H. R. 1732

To amend the Internal Revenue Code of 1986 to allow a credit for equity investments in high technology and biotechnology small business concerns developing innovative technologies that stimulate private sector job growth.

IN THE HOUSE OF REPRESENTATIVES

May 4, 2011

Mr. VAN HOLLEN (for himself, Mr. RUPPERSBERGER, Ms. SCHWARTZ, Ms. MCCOLLUM, Mr. GARAMENDI, and Mr. POLIS) 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 allow a credit for equity investments in high technology and biotechnology small business concerns developing innovative technologies that stimulate private sector job growth.

SECTION 1. SHORT TITLE.

SEC. 2. CREDIT FOR INVESTMENTS IN HIGH TECHNOLOGY AND BIOTECHNOLOGY BUSINESS CONCERNS DEVELOPING INNOVATIVE TECHNOLOGIES.

`SEC. 30E. INVESTMENTS IN HIGH TECHNOLOGY AND BIOTECHNOLOGY BUSINESS CONCERNS DEVELOPING INNOVATIVE TECHNOLOGIES.

END