BILL · 2017–18 SESSION

SB 5630: High-technology research tax

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

Summary

  • Provides a business and occupation tax credit for advanced spacecraft manufacturing, life science, and environmental technology companies performing research and development. Provides a sales and use tax deferral for certain construction for new and expanding companies conducting research and development in the fields of advanced spacecraft manufacturing, life science, and environmental technology.

From the Bill Digest (SB 5630), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 1, 2017
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
John Braun (R-20)
Introduced
February 1, 2017 in the Senate
Last action
January 8, 2018
Requested by
State agency
Companion bill
HB 1894
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. 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. First reading, referred to Ways & Means.

SB 5630 in other sessions

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

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