S. 2199 · 109th Congress · 2005–2006
PACE-Finance Act
S. 2199 in the 109th Congress (2005–2006) was introduced on Jan 26, 2006, sponsored by Pete Domenici with 61 co-sponsors.
During the 109th Congress (2005–2006), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Jan 26, 2006
- Co-sponsors
- 61
- Policy area
- Taxation
What it does
Protecting America's Competitive Edge Through Tax Incentives Act of 2006 or the PACE-Finance Act - Amends the Internal Revenue Code to: (1) make permanent the tax credit for increasing research activities; (2) increase the rate of such credit from 20 to 40%; (3) expand such credit to include expenses of a research consortia; and (4) allow a business tax credit for the cost of employee continuing education in science or enginee…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Pete Domenici (R-NM). Co-sponsors: 33 Democrats, 28 Republicans.
Where it stands
- IntroducedJan 26, 2006
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Sponsor introductory remarks on measure. (CR S10127) (Sep 26, 2006)
More bills from Pete Domenici in the 109th Congress
- S. 212: Valles Caldera Preservation Act of 2005
- S. 279: A bill to amend the Act of June 7, 1924, to provide for the exercise of criminal jurisdiction.
- S. 1773: Pueblo de San Ildefonso Claims Settlement Act of 2005
- S. 895: Rural Water Supply Act of 2006
- S. 2197: PACE-Energy Act
- S. 2198: PACE-Education Act
Other Taxation bills in the 109th Congress
- H.R. 241: To accelerate the income tax benefits for charitable cash contributions for the relief of victims…
- H.R. 1270: To amend the Internal Revenue Code of 1986 to extend the Leaking Underground Storage Tank Trust…
- H.R. 1134: To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of certain…
- H.R. 3768: Katrina Emergency Tax Relief Act of 2005
- H.R. 4440: Gulf Opportunity Zone Act of 2005
- H.R. 4297: Tax Increase Prevention and Reconciliation Act of 2005
- H.R. 1499: Heroes Earned Retirement Opportunities Act
- H.R. 6111: Tax Relief and Health Care Act of 2006
- H.R. 6131: To permit certain expenditures from the Leaking Underground Storage Tank Trust Fund.
- H.R. 6429: Fallen Firefighters Assistance Tax Clarification Act of 2006
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 2199 (109th Congress): PACE-Finance Act,” https://www.capitolreceipts.com/bill/109-s-2199/pace-finance-act (accessed 2026-10-13).