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Glossary of Legislative Terms

SB 1244: Research and Development Tax Credit

GENERAL BILL by Calatayud

Research and Development Tax Credit; Increasing the total amount of tax credits that may be provided to business enterprises under the research and development tax credit; deleting an obsolete provision, etc.

Effective Date: 7/1/2025
 Last Action: 3/11/2025 Senate - Now in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/25/2025 Senate • Filed
    3/3/2025 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations
    3/4/2025 Senate • Introduced
    3/5/2025 Senate • On Committee agenda-- Commerce and Tourism, 03/10/25, 1:30 pm, 110 Senate Building
    3/10/2025 Senate • Favorable by Commerce and Tourism; YEAS 8 NAYS 0
    3/11/2025 Senate • Now in Finance and Tax

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  • SB 1244, Original Filed Version (Current Bill Version) Posted 2/25/2025 at 4:20 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 3/7/2025 (pdf)
    Commerce and Tourism (Post-Meeting) 3/10/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1377 Research and Development Tax Credit Spencer Identical Last Action: 3/5/2025 H Now in Ways & Means Committee Track This Bill

    Committee Votes (1)

    Date Committee Result
    3/10/2025 1:30 PM Commerce and Tourism 8 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)

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