Research and Experimentation Equipment Donations Tax Act of 1980

Research and Experimentation Equipment Donations Tax Act of 1980 - Amends the Internal Revenue Code to provide for an unreduced charitable tax deduction for the donation to a governmental unit or tax-exempt charitable organization, solely for educational purposes or for research or experimentation, of property constructed by the taxpayer. Requires such contribution within two years after completion of such construction. Allows such deduction without reduction for imputed gain. Makes special rules for donations of inventory.