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NY S04138

Bill

Status

Engrossed

6/15/2016

Primary Sponsor

Michael Ranzenhofer

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Origin

Senate

2015-2016 General Assembly

AI Summary

Legislative Description

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.

Last Action

referred to ways and means

6/15/2016

Committee Referrals

Rules6/15/2016
Investigations and Government Operations3/3/2015

Full Bill Text

No bill text available