Cures Can Be Found Act of 2007
Last action on Jan 12, 2007Referred to the House Committee on Ways and Means.
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Summary
Cures Can Be Found Act of 2007 - Amends the Internal Revenue Code to allow tax credits for donations: (1) to stem cell research or storage facilities; (2) of umbilical cord blood. Allows credits only for donations to facilities that do not engage in research on stem cells derived from human embryos.
Allows a business tax credit for stem cell research and storage expenses.
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