Bills

SB 3283: TAX CREDIT; RESEARCH ACTIVITIES; INCREASE

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2026-01-28

Current Status:

In Progress

(2026-02-02: Referred to EDT, WAM.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Amends the research activity tax credit so that references to the base amount in section 41 of the Internal Revenue Code shall not apply and credit for all qualified research expenses may be taken without regard to the amount of expenses for previous years.  Increases the annual aggregate cap for the research activity tax credit.

News Coverage:

SB 3283: Tax Credit; Research Activities; Increase | Digital Democracy