Proposed H.B. No. 5059
Session Year 2026
 


AN ACT ESTABLISHING A RESEARCH AND DEVELOPMENT TAX CREDIT FOR PASS-THROUGH ENTITIES.

To establish a credit against the personal income tax in the amount of six per cent of the research and development expenses paid or incurred for a taxable year by pass-through entities.

Introduced by:
Rep. Joe Canino, 65th Dist.

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Bill History

 Date Action Taken
 2/6/2026Referred to Joint Committee on Finance, Revenue and Bonding

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