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S03237 Summary:
| BILL NO | S03237A |
| SAME AS | SAME AS A04420-A |
| SPONSOR | RANZENHOFER |
| COSPNSR | ORTT |
| MLTSPNSR | |
| Add §24-b, amd §§210-B & 606, Tax L | |
| 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. | |