Senate Bill 0130

ARCHIVE (2000)

Latest Information

 
DIGEST OF INTRODUCED BILL

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
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