Bill Sponsors: NY S04904 | 2019-2020 | 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: (Introduced) 2019-03-29 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S04904 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Michael Ranzenhofer [R]PrimarySponsored BillsSD-061FollowTheMoneyBallotpediaVoteSmart
Senator Robert Ortt [R]CosponsorSponsored BillsSD-062FollowTheMoneyBallotpediaVoteSmart

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