NY S04138 | 2015-2016 | General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Engrossed on June 15 2016 - 50% progression, died in committee
Action: 2016-06-15 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Amended) [HTML]

Summary

Creates a biotechnology research and development investment tax credit; provides that such credit shall be the product of fifteen percent and the qualified Bio/Med research and development costs paid or incurred in the state; allows credit for the taxable year in which the qualified Bio/Med research and development activity occurs.

Tracking Information

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Title

Creates a biotechnology research and development investment tax credit; provides that such credit shall be the product of fifteen percent and the qualified Bio/Med research and development costs paid or incurred in the state; allows credit for the taxable year in which the qualified Bio/Med research and development activity occurs.

Sponsors


History

DateChamberAction
2016-06-15Assemblyreferred to ways and means
2016-06-15SenateDELIVERED TO ASSEMBLY
2016-06-15SenatePASSED SENATE
2016-06-15SenateORDERED TO THIRD READING CAL.1762
2016-06-15SenateCOMMITTEE DISCHARGED AND COMMITTED TO RULES
2016-01-21SenatePRINT NUMBER 4138A
2016-01-21SenateAMEND AND RECOMMIT TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
2016-01-06SenateREFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
2015-03-03SenateREFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS

Same As/Similar To

A07045 (Same As) 2016-01-25 - print number 7045a

New York State Sources


Bill Comments

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