NJ A1345 | 2024-2025 | Regular Session
Note: Carry Over of previous A2487
Note: Carry Over of previous S2707
Note: Carry Over of previous S2707
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Science, Innovation and Technology Committee
Pending: Assembly Science, Innovation and Technology Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-01-09 - Introduced, Referred to Assembly Science, Innovation and Technology Committee
Pending: Assembly Science, Innovation and Technology Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.
Title
Increases qualified research expenses tax credit for corporation business taxpayers engaged in targeted industries; increases basic research payment tax credit; allows research tax credit to be refundable.
Sponsors
| Rep. Christopher DePhillips [R] | Rep. Robert Karabinchak [D] | Rep. Christopher Tully [D] | Rep. Sean Kean [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-09 | Assembly | Introduced, Referred to Assembly Science, Innovation and Technology Committee |
Same As/Similar To
A2487 (Carry Over) 2022-02-14 - Introduced, Referred to Assembly Science, Innovation and Technology Committee
S2707 (Carry Over) 2022-12-19 - Referred to Senate Budget and Appropriations Committee
S1035 (Same As) 2024-01-09 - Introduced in the Senate, Referred to Senate Commerce Committee
S2707 (Carry Over) 2022-12-19 - Referred to Senate Budget and Appropriations Committee
S1035 (Same As) 2024-01-09 - Introduced in the Senate, Referred to Senate Commerce Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2024/A1345 |
| Text | https://pub.njleg.gov/Bills/2024/A1500/1345_I1.HTM |
