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Trade group wants Congress to focus on tax credit, security




Trade group wants Congress to focus on tax credit, security
Trade group wants Congress to focus on tax credit, security



http://www.computerworld.com/s/article/9196619/Trade_group_wants_Congress_to_focus_on_tax_credit_security 

By Grant Gross
IDG News Service
November 15, 2010

The U.S. Congress should focus on extending a research and development 
tax credit and on passing data breach notification regulations and other 
cybersecurity legislation during a brief session this month, a large 
technology trade group recommended.

Congress returns to Washington, D.C., this week for a so-called 
lame-duck session lasting about three weeks, and TechAmerica wants 
lawmakers to focus on some technology issues, in addition to income-tax 
and budget issues, officials of the 1,200-member trade group said 
Monday.

There's broad agreement that the research and development tax credit 
needs to be extended, as well as strong support for a national data 
breach notification law and updates to the U.S. Federal Information 
Security Management Act (FISMA), said Phil Bond, TechAmerica's president 
and CEO.

"These are priorities that have been voiced and supported by the 
[congressional] leadership on all sides," Bond said. "There is no debate 
about the need for an R&D tax credit. Our hope is that we can get some 
of the consensus issues done."

[...]


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