SB 576: Research and Development Tax Credit
GENERAL BILL by Gruters ; (CO-INTRODUCERS) Hutson
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.
Effective Date: Upon becoming a law
Last Action: 3/14/2020 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Last Action: 3/14/2020 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Finance and Tax (FT)
- Appropriations (AP)
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Bill History
Date Chamber Action 10/18/2019 Senate • Filed
11/1/2019 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 44
11/5/2019 Senate • On Committee agenda-- Commerce and Tourism, 11/12/19, 10:30 am, 110 Senate Building
11/12/2019 Senate • Favorable by Commerce and Tourism; YEAS 5 NAYS 0 -SJ 132
11/13/2019 Senate • Now in Finance and Tax
1/14/2020 Senate • Introduced -SJ 44
3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Finance and Tax
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SB 576, Original Filed Version (Current Bill Version) Posted 10/18/2019 at 8:53 AM
Bill Text: Web Page | PDF Analyses: Commerce and Tourism (Pre-Meeting) 11/8/2019 (pdf)
Commerce and Tourism (Post-Meeting) 11/12/2019 (pdf)
Committee Votes (1)
Date Committee Result 11/12/2019 10:30 AM Commerce and Tourism 5 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 220.196 Research and development tax credit. Page 1 (pdf)