BILL · 2015–16 SESSION

HB 2809: High-technology research

Reinstating tax preferences for certain high-technology research and development.

Summary

  • ŸEstablishes a business and occupations tax credit for qualified research and development (R&D) expenditures, expiring January 1, 2026.
  • Establishes a state and local sales tax deferral program for high-technology R&D and pilot-scale manufacturing facilities, expiring January 1, 2026.
  • Establishes performance metrics to measure success of the tax preferences.

From the House Bill Analysis 2016 (HB 2809), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 2016
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Pat Sullivan (D-47)
Introduced
January 21, 2016 in the House
Last action
March 10, 2016
Companion bill
SB 6355
Budget
Has a fiscal note

AN ACT Relating to reinstating tax preferences for certain 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. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 2809 in other sessions

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

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