SB 768: Tax Credits for Research and Development [WPSC]
GENERAL BILL by Oelrich ; (CO-INTRODUCERS) Baker
Tax Credits for Research and Development [WPSC]; Authorizes certain businesses that incur certain research and development expenses in this state to receive a tax credit against the corporate income tax. Specifies the amount of the tax credit. Limits the use of the credit. Permits the carryover of unused tax credits for a specified period. Permits the sale or assignment of unused tax credits, subject to the approval of the Department of Revenue, etc.
Effective Date: 07/01/2009
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Commerce
Bill Text: Web Page | PDF
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Commerce
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/16/2009 | Senate |
• Filed |
| 1/23/2009 | Senate |
• Referred to Commerce; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means |
| 3/3/2009 | Senate |
• Introduced, referred to Commerce; Finance and Tax; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00048 |
| 3/5/2009 | Senate |
• On Committee agenda-- Commerce, 03/10/09, 2:15 pm, 401-S --Temporarily postponed |
| 5/2/2009 | Senate |
• Indefinitely postponed and withdrawn from consideration; Died in Committee on Commerce |