; etc. Sec. 2. Credit for investments in small technology innovation companies. Sec. 3. Research employment tax credit. Sec. 4. Research expenditure tax credit. Sec. 5. Partnership interests transferred in connection with performance of services. Sec. 6. Special rules for partners providing investment management services to partnerships. 2. Credit for investments in small technology innovation companies (a) In general Subpart D of part IV of subchapter A of chapter 1 is amended by adding at the end the following new section: 45T. Research intensive investment tax credit (a) Allowance of credit For purposes of section 38, the research intensive investment tax credit determined under this section for the taxable year is an amount equal to 20 percent of the amount paid by the taxpayer during such year to acquire a qualified equity investment in a qualified research intensive small business concern. (b) Maximum credit The credit determined under this section with respect to any taxpayer for any taxable year shall not exceed $100,000. (c) Definitions For purposes of this section— (1) Qualified equity investment (A) In general The term qualified equity investment means any equity investment in a qualified research intensive small business concern if such investment is acquired by the taxpayer at its original issue (directly or through an underwriter) solely in exchange for cash. (B) Equity investment The term equity investment means— (i) any stock (other than nonqualified preferred stock as defined in section 351(g)(2)) in an entity which is a corporation, and (ii) any capital interest in an entity which is a partnership. (C) Redemptions A rule similar to the rule of section 1202(c)(3) shall apply for purposes of this subsection. (2) Qualified research intensive small business concern The term qualified research intensive small business concern means, with respect to any taxable year, any small business concern (as defined in section 3 of the Small Business Act) if— (A) such taxable year begins not later than 10 years