relative to raising the research and development tax credit.
SB 276 proposes to increase the existing research and development tax credit, which would directly affect businesses engaged in R&D activities. The changes outlined in this bill are scheduled to take effect on July 1, 2026. The provided text does not specify the exact mechanisms or amounts by which the credit would be raised.
Bill status
failed
3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
Senate Passage
Mar 2025
House Passage
Governor
Introduced Jan 23, 2025
Last action Nov 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
5
Committee
5
Mar 20, 2025
Upper · Passed
Ought to Pass: MA, VV; 03/20/2025; SJ 8
upper
Mar 12, 2025
Upper · Passed
Committee Report: Ought to Pass, 03/20/2025, Vote 6-0; SC 13
upper
Mar 6, 2025
Upper · Passed
Ought to Pass with Amendment #2025-0399s, MA, VV; Refer to Finance Rule 4-5; 03/06/2025; SJ 6
upper
Mar 6, 2025
Upper · Passed
Committee Amendment # 2025-0399s, AA, VV; 03/06/2025; SJ 6
upper
Feb 12, 2025
Upper · Passed
Committee Report: Ought to Pass with Amendment # 2025-0399s, 03/06/2025; Vote 5-0; CC; SC 11
upper
Jan 23, 2025
Introduced
Introduced 01/09/2025 and Referred to Ways and Means; SJ 3
upper
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ruth Ward
RRepublican
Co
Dan Innis
RRepublican
Co
David Watters
DDemocratic
Co
Rebecca Perkins Kwoka
DDemocratic
Co
Tim McGough
RRepublican
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