Bill Title: Changes the research and development tax credit program to a "rebate"; decreases the program from December 31, 2013 to June 30, 2013; reduces the amount of the rebate by requiring all employees to be counted in the size of the business, rather than only resident employees; and changes it calculation. (gov sig) (EN INCREASE GF RV See Note)

Sponsorship: Partisan Bill (Republican 1)

Status: (Passed) 2011-07-05 - Effective date 7/5/11. [SB135 Detail]

Text: Latest bill text (Chaptered) [PDF]

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