S 3237 New York Senate · 2017 Regular Session

Creates a biotechnology research and development investment tax credit

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.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 20, 2017 Last action Jan 3, 2018
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
3
Jan 3, 2018
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
legislature
May 2, 2017
Committee
REPORTED AND COMMITTED TO FINANCE
legislature
Jan 20, 2017
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
legislature
0 primary · 0 co-sponsors

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