SB 576: Research and Development Tax Credit
Research and Development Tax Credit; Deleting a limitation on industries that qualify for the research and development credit against the corporate income tax; increasing the combined total amount of credits which may be granted to business enterprises during any calendar year; requiring that a specified amount of credits be allocated to certain qualified cleantech businesses, etc.
Last Action: 11/12/2019 Senate - Favorable by Commerce and Tourism; YEAS 5 NAYS 0
Bill Text: Web Page | PDF
• Referred to Commerce and Tourism; Finance and Tax; Appropriations
• On Committee agenda-- Commerce and Tourism, 11/12/19, 10:30 am, 110 Senate Building
• Favorable by Commerce and Tourism; YEAS 5 NAYS 0
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.