SB 3213: TAX CREDIT; RESEARCH ACTIVITIES
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-01-27
Current Status:
In Progress
(2026-02-02: Referred to EDT, WAM.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Restores the provision that makes references to the Internal Revenue Code's base-amount requirement inapplicable to the Research Activities Tax Credit, allowing all qualified research expenses to be claimed without regard to prior-year expenses. Increases the annual cap for the Research Activities Tax Credit.