NJ A5406 | 2020-2021 | Regular Session
Note: Carry Foward to future A2487
Note: Carry Foward to future S2707
Note: Carry Foward to future S2707
Status
Spectrum: Bipartisan Bill
Status: Introduced on March 1 2021 - 25% progression, died in committee
Action: 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 1 2021 - 25% progression, died in committee
Action: 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Pending: Assembly Commerce and Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.
Title
Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-03-01 | Assembly | Introduced, Referred to Assembly Commerce and Economic Development Committee |
Same As/Similar To
A5406 (Carry Over) 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
A5406 (Carry Over) 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
S3635 (Same As) 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
A5406 (Carry Over) 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
S3635 (Same As) 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2020/A5406 |
| Text | https://pub.njleg.gov/Bills/2020/A9999/5406_I1.HTM |
