In his statement on U.S. Senate's passage of key tax measures, SPI's William R. Carteaux praised permanent extension of R&D Tax Credit, extended Bonus Depreciation, permanently extended Section 179 Small Business Expensing, and 2-year moratorium on Medical Device Excise Tax. Carteaux said that these provisions help ensure businesses throughout plastics industry value chain can invest with certainty as well as contribute to furthering U.S. economic growth and technological innovation.