NJ S3635 | 2020-2021 | Regular Session
Note: Carry Foward to future A2487
Note: Carry Foward to future S2707
Note: Carry Foward to future S2707
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on April 19 2021 - 25% progression, died in committee
Action: 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on April 19 2021 - 25% progression, died in committee
Action: 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce 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
| Sen. Thomas Kean [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-19 | Senate | Introduced in the Senate, Referred to Senate Commerce Committee |
Same As/Similar To
S3635 (Carry Over) 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
S3635 (Carry Over) 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
A5406 (Same As) 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
S3635 (Carry Over) 2021-04-19 - Introduced in the Senate, Referred to Senate Commerce Committee
A5406 (Same As) 2021-03-01 - Introduced, Referred to Assembly Commerce and Economic Development Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2020/S3635 |
| Text | https://pub.njleg.gov/Bills/2020/S4000/3635_I1.HTM |
