Biotechnology Future Investment Expansion Act of 2005
Last action on Oct 19, 2005Referred to the House Committee on Ways and Means.
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Summary
Biotechnology Future Investment Expansion Act of 2005 - Amends the Internal Revenue Code to permit certain biomedical research corporations to engage in investments and other transactions involving shifts in ownership without incurring limitations on net operating loss carryforwards and certain built-in losses.
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