EXTENSION OF RESEARCH AND CLINICAL TESTING CREDITS.

SEC. 13111. EXTENSION OF RESEARCH AND CLINICAL TESTING CREDITS. (a) Research Credit.— (1) In general.— Subsection (h) of section 41 (relating to credit for research activities) is amended— (A) by striking “June 30, 1992” each place it appears and inserting “June 30, 1995”, and (B) by striking “July 1, 1992” each place it appears and inserting “July 1, 1995”. (2) Conforming amendment.— Subparagraph (D) of section 28(b)(1) is amended by striking “June 30, 1992” and inserting “June 30, 1995”. (b) Clinical Testing Credit.— Subsection (e) of section 28 is amended by striking “June 30, 1992” and inserting “December 31, 1994”. 107 STAT. 421 (c) Effective Date.— The amendments made by this section shall apply to taxable years ending after June 30, 1992.