| BILL NO | A04420A |
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| SAME AS | SAME AS S03237-A
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| SPONSOR | Schimminger (MS) |
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| COSPNSR | Jaffee, Magnarelli, Blake, Stirpe, Rivera, Englebright, Skartados, Vanel |
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| MLTSPNSR | Abbate, Cook, Solages, Thiele |
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| Add §24-b, amd §§210-B & 606, Tax L |
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| 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. |
