Relating to revenue; and prescribing an effective date.
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What it does
Official summary
Modifies the tax credit for research conducted by a semiconductor company. Omits an obsolete provision concerning the election of alternative incremental credit under related federal law. Aligns dates in tax credit provisions with underlying sunset dates for credits.
More detail
Takes effect on the 91st day following adjournment sine die.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
4To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Jul 25Chapter 434, (2025 Laws): Effective date September 26, 2025.Latest