Committee Praised for recognizing small business innovators.
Press Release Summary:
The R&D Credit Coalition applauded House Small Business Committee Subcommittee on Contracting and Technology Chairman Glenn C. Nye (D-VA) for holding a hearing to recognize the importance of the federal Research and Experimentation Tax Credit for small business innovators. Collie Hutter, CFO of Click Bond, Inc, expressed appreciation as to how Nye has "[raised] awareness of the importance of the R&D tax credit to small businesses."
Original Press Release:
R&D Tax Coalition Praises House Small Business Subcommittee on Contracting and Technology for Recognizing the Importance of Small Business Innovators
Washington, D.C. - July 9, 2009 - The R&D Credit Coalition applauds House Small Business Committee Subcommittee on Contracting and Technology Chairman Glenn C. Nye (D-VA) for holding a hearing to recognize the importance of the federal Research & Experimentation Tax Credit for small business innovators.
"We appreciate Chairman Nye for raising awareness of the importance of the R&D tax credit to small businesses," said Collie Hutter, CFO, Click Bond, Inc., Carson City, NV. "With many small businesses struggling, strengthening and permanently extending the R&D tax credit can provide the certainty small business owners need to continue their research activities-and keep jobs here in the United States."
The R&D Credit Coalition is a group of more than 100 trade and professional associations along with small, medium and large companies that collectively represent millions of American workers engaged in U.S.-based research throughout major sectors of the U.S. economy, including aerospace, agriculture, biotechnology, chemicals, electronics, energy, information technology, manufacturing, medical technology, pharmaceuticals, software and telecommunications.
The R&D Coalition submitted the following testimony for the record: nam.org/coalitionstatement0709
