Proposed S.B. No. 736
Session Year 2025
 


AN ACT CONCERNING RESEARCH AND DEVELOPMENT TAX CREDITS FOR BIOTECHNOLOGY COMPANIES.

To increase, for biotechnology companies, the caps on research and development credit exchanges and utilization and establish a tax credit for research and development expenses of biotechnology pass-through entities.

Introduced by:
Sen. Christine Cohen, 12th Dist.
Sen. Tony Hwang, 28th Dist.
Rep. Jonathan Steinberg, 136th Dist.
Rep. Dave W. Yaccarino, 87th Dist.

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Bill History

 Date Action Taken
 1/17/2025Referred to Joint Committee on Finance, Revenue and Bonding

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