RESEARCH CREDIT.

SEC. 102. RESEARCH CREDIT. (a) Extension.— Subsection (h) of section 41 (relating to credit for increasing research activities) is amended— (1) by striking “December 31, 1991” each place it appears and inserting “June 30, 1992”, and (2) by striking “January 1, 1992” each place it appears and inserting “July 1, 1992”. (b) Conforming Amendment.— Subparagraph (D) of section 28(b)(1) is amended by striking “December 31, 1991” and inserting “June 30, 1992”. (c) Effective Date.— The amendments made by this section shall apply to taxable years ending after December 31, 1991.