SB 184 - AS INTRODUCED
2017 SESSION
17-0902
09/01
SENATE BILL 184
AN ACT modifying the research and development tax credit for first-time recipients of the credit.
SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Reagan, Dist 17; Sen. Feltes, Dist 15
COMMITTEE: Ways and Means
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This bill modifies the research and development tax credit against the business profits tax for first-time recipients of the credit.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0902
09/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT modifying the research and development tax credit for first-time recipients of the credit.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Business Profits Tax; Research and Development Credit. Amend the introductory paragraph of RSA 77-A:5, XIII(a)(2) to read as follows:
(2) Each credit shall be used to offset the taxpayer's tax liability within the subsequent 5 tax years. The amount of the credit for first time recipients shall be the lesser of 150 percent of the following and for all others the lesser of the following:
Date | Body | Type |
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March 15, 2017 | Senate | Hearing |
March 30, 2017 | Senate | Floor Vote |
March 30, 2017: Inexpedient to Legislate, MA, VV === BILL KILLED ===; 03/30/2017; SJ 12
March 30, 2017: Committee Report: Inexpedient to Legislate, 03/30/2017; SC 16
March 15, 2017: Hearing: 03/15/2017, Room 100, SH, 09:00 am; SC 14
Jan. 19, 2017: Introduced 01/19/2017 and Referred to Ways and Means; SJ 5