On the recordMay 20, 2015
I am opposed to the bill in its current form. The SPEAKER pro tempore. The Clerk will report the motion to recommit. The Clerk read as follows: Mr. Neal moves to recommit the bill H.R. 880 to the Committee on Ways and Means with instructions to report the same back to the House forthwith with the following amendment: Strike section 2 and insert the following: SEC. 2. NO INCREASE IN DEFICIT OR DELAY OF COMPREHENSIVE TAX REFORM. Nothing in this Act shall result in-- (1) an increase in the deficit, or (2) a delay or weakening of efforts to adopt a permanent extension of the research credit in a fiscally responsible manner. SEC. 3. TWO-YEAR EXTENSION OF RESEARCH CREDIT. (a) In General.--Section 41(h) of the Internal Revenue Code of 1986 is amended by striking ``December 31, 2014'' and inserting ``December 31, 2016''. (b) Effective Date.--The amendment made by this section shall apply to amounts paid or incurred after December 31, 2014. The SPEAKER pro tempore. Pursuant to the rule, the gentleman from Massachusetts is recognized for 5 minutes in support of his motion.
