BILL · 2015–16 SESSION
SB 6355: High-technology research
Reinstating tax preferences for certain high-technology research and development.
Summary
- A research and development B&O tax credit and sales tax deferral program are created, effective January 1, 2017, and expiring January 1, 2026. A business whose qualified R&D spending exceeds 0.92 percent of the business's taxable amount is eligible to receive a B&O tax credit for qualified R&D expenditures performed in the fields of life science and environmental technology.
From the Senate Bill Report (SB 6355), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 18, 2016
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Senator (D-46)
- Introduced
- January 18, 2016 in the Senate
- Last action
- March 10, 2016
- Companion bill
- HB 2809
- Budget
- Has a fiscal note
AN ACT Relating to reinstating tax preferences for certain high-technology research and development;
Sponsors
Prime sponsor: Senator (D-46)
7 co-sponsors (5 Democrats, 2 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- Referred to Ways & Means.
- Minority; do not pass.
- And refer to Ways & Means.
- TRED - Majority; do pass.
- First reading, referred to Trade & Economic Development.
SB 6355 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6355 (2025–26) Electric transmission system
- SB 6355 (2019–20) Forest products/climate
- SB 6355 (2017–18) Limitations on state revenue
- SB 6355 (2013–14) Projects/econ devel & trans
- SB 6355 (2011–12) Associate development orgs
- SB 6355 (2009–10) Higher education system
- SB 6355 (2007–08) Tolls
- SB 6355 (2005–06) Off-road vehicles