Ron Paul thinks scientific research is important yet is against Federal Funding for most scientific programs cause it can push the market in directions that don't work (EX. Corn Subsidies/corn Ehtanol). Ron Paul does want to help science research be funded by providing tax credits for funding science research and donations.
This bill in particular addresses Stem Cell research, which Ron Paul approves of since there are ethical ways to obtain stem cells from left overs from artificial insemination. Ron Paul is against harvesting Embryos for stem cells for ethical reasons yet still encourages ethical stem cell research and this bill provides Tax Credits for doing so.
H.R. 457: Cures Can Be Found Act of 2007