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SB 76 (2017)

Summary:

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
Democratic party logo
Bill Became Law?:
No
Status Detail:
Interim Study
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