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AI Summary: The "National Lab Contractor Gross Receipts" bill aims to exempt gross receipts received by contractors operating national laboratories from federal income tax. This exemption would apply to contracts entered into after December 31, 2021. The bill seeks to encourage private investment in national laboratories and promote innovation in research and development without imposing additional tax burdens on the contractors.
Latest Action: Sent to HPREF - Referrals: HPREF
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Actions (4):
2024-01-16 : Sent to HPREF - Referrals: HPREF
2024-01-18 : Sent to HCEDC - Referrals: HCEDC/HTRC
2024-02-04 : HCEDC: Reported by committee with Do Pass recommendation
2024-02-04 : Action Postponed Indefinitely
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