BIO asks US House Committee on Ways and Means to extend critical tax provisions; backs Obama Bioeconomy Blueprint
US trade group the Biotechnology Industry Organization (BIO) has submitted a statement for the record to the House Ways and Means Subcommittee on Select Revenue Measures for a hearing on “Certain Expiring Tax Provisions.”
BIO president and chief executive Jim Greenwood wrote in the testimony: “Sustained supportive tax policy is very important to emerging technologies that have not yet achieved commercial scale, and should be targeted at those technologies with the greatest potential to create the jobs, economic growth, energy security and environmental benefits we seek as a nation.”
New national Bioeconomy Blueprint can help unleash promise of Biotech
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