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Committee on AppropriationsCommittee on Ways and MeansIntroducedOctober 23rd, 2013
- house Committees
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Inspiring Scientific Research and Innovation Supplemental Appropriations Act, 2014
Making supplemental appropriations for the National Institutes of Health for the fiscal year ending September 30, 2014, and for other purposes.
Inspiring Scientific Research and Innovation Supplemental Appropriations Act, 2014 - Appropriates, for FY2014, an additional $3 billion to the National Institutes of Health (NIH), to remain available until expended. Amends the Internal Revenue Code to increase the recovery period for the depreciation of an airplane: (1) used in directly carrying out activities essential to the function of a trade or business other than the commercial or contract carrying of freight or passengers; and (2) whose primary use is not for the transportation of freight or passengers, other than medical or emergency transportation. Provides a special effective date rule for property for which there is a qualified written binding contract in effect before the date of enactment of this Act.