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)
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• Indefinitely postponed and withdrawn from consideration • Died in Finance and Tax |