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Senate Bill 0057


 

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Senate Bill 0057

ARCHIVE (2000)

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DIGEST OF SB0057 (Updated January 19, 2000 9:47 am - DI kc)

Research expense credit. Modifies the research expense tax credit by repealing the apportionment limit. (For a taxpayer with income apportioned to Indiana, this provision currently limits the credit to the lesser of the taxpayer's Indiana qualified research expenses or its apportioned research expenses for the year. This bill would provide that a taxpayer's credit is based solely on the taxpayer's Indiana qualified research expenses.).
    Current Status:
     In Committee - first House
    Latest Printing (PDF)