tax credits | GenomeWeb

tax credits

A new bill would extend a program through 2017 that under Obama's health care bill awarded $1 billion in tax credits and grants to small biotech firms.

The firms received grants under a program enacted as part of the Patient Protection and Affordable Care Act of 2010.

The Obama plan would expand, simplify, and make permanent the R&D tax credit policy that currently requires renewal.

The measure sets aside $10 million in tax credits to assist state-based angel investors in startup companies that commercialize new technologies, and awards angel investors tax credits equal to 25 percent of their investment.

Two Illinois bills that passed the state House of Representatives this past week would set aside $10 million in tax credits to assist state-based angel investors in startup companies that commercialize new technologies.

An opinion piece in the New York Times urges lawmakers to keep genetic protections in place.

Research funding in Canada is to remain mostly the same, ScienceInsider reports.

In Science this week: random DNA replication errors play role in cancer, and more.

The Bill and Melinda Gates Foundation embarks on an open-access publishing path.