No, however, back on September 22nd, The House of Representatives passed, by a vote of 253 to 173, HR 4 entitled “The Jobs for America Act of 2014” (hereinafter “JAA”) , which would simplify and make permanent the I.R.C. § 41 Research and Experimentation Tax Credit (hereinafter “RTC”) on a retroactive basis. As a caveat, The Senate and The House of Representatives will still need to reconcile their differing bills before presenting proposed legislation before the President’s desk for signature into law.

Please consult my published article entitled “The Research & Experimentation Tax Credit To Be Made A Permanent Statute Through The Jobs For America Act of 2014” utilizing the subsequent link: http://taxconnections.com/taxblog/the-research-experimentation-tax-credit-to-be-made-a-permanent-statute-through-the-jobs-for-america-act-of-2014/#.VFVMR53D-Uk

Please contact me directly with any further questions and thanks very kindly for submitting your inquiry.