Two pieces of legislation would extend the R&D credit permanently: H.R. 2138 in the House and S.2209 in the Senate. While both have attracted significant support, neither has yet achieved sufficient momentum needed to bring the issue to a vote. IPC members can help support this legislation by writing to their Congressmen and joining IPC and other members of the R&D Credit Coalition on April 9, 2008 for a “Fly In” Washington Lobby Day. Sample letters and information on the Fly In are available at www.ipc.org/R&Dcredit or by contacting Fern Abrams at firstname.lastname@example.org.
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