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Thursday, Apr 6 2017

Full Issue

Contract Research Gets Boost From House Bill

The legislation, sponsored by Rep. Patrick Meehan (R-Pa.) would give companies that conduct this kind of research a sizable tax credit.

Stat: House Bill Would Give Boost To Contracted Research Industry

The booming contract research industry would get a financial gift under a bill recently introduced in Congress. The measure, dubbed the Domestic Research Enhancement Act of 2017, would give companies a 35 percent tax credit for research expenses when they are conducting contract research. Tax credits for research and development do not currently extend to research done under such contracts. (Joseph, 4/5)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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