Comments: NY S04138 | 2015-2016 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Engrossed - Dead) 2016-06-15 - referred to ways and means [S04138 Detail]

Text: Latest bill text (Amended) [HTML]

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