Introduced
by
To authorize up to 25 subsidies in the form of transferable Single Business Tax credits worth up to $500,000 each for a contribution (but not contract research) to an firm unconnected to the giver which is engaged in research and development that employs fewer than 50 full-time employees or has gross receipts of less than $10 million.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the bill be referred to the Committee on New Economy and Quality of Life.
Referred to the Committee on New Economy and Quality of Life