BILL · 2015–16 SESSION

HB 1769: High-tech R&D tax prefs

Reinstating tax preferences for high-technology research and development.

Summary

  • Establishes a business and occupations tax credit for qualified research and development (R&D) expenditures, expiring January 1, 2025.
  • Establishes a state and local sales tax deferral program for high-technology R&D and pilot-scale manufacturing facilities, expiring January 1, 2025.
  • Establishes performance metrics to measure success of the tax preferences.

From the House Bill Report (HB 1769), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 28, 2015
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Eric Pettigrew (D-37)
Introduced
January 28, 2015 in the House
Last action
March 10, 2016
Requested by
State agency
Companion bill
SB 5665
Budget
Has a fiscal note

AN ACT Relating to reinstating tax preferences for high-technology research and development;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. Referred to Finance.
  7. Minority; without recommendation.
  8. TED - Majority; do pass.
  9. First reading, referred to Technology & Economic Development (Not Officially read and referred until adoption of Introduction report).

HB 1769 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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