Category: Economy, Budget and Taxes

SB 76 (2017)

House/Senate Bill: Senate

Description: Allows a taxpayer to request a rebate equal to 75% of the research and development tax credit in lieu of a credit being awarded against business profits taxes. The bill appropriates $2 million over the next two fiscal years for rebates.

Bill Sponsor: Lou D'Allesandro

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Wed, 02/01/2017

Next Voting Date: Thu, 03/09/2017

Bill Status

In Committee

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