| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2978 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 923 | |
| 6 | 6 | January Session, 2025 | |
| 7 | 7 | LCO No. 2978 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on FINANCE, REVENUE AND | |
| 11 | 11 | BONDING | |
| 12 | 12 | ||
| 13 | 13 | ||
| 14 | 14 | Introduced by: | |
| 15 | 15 | SEN. SOMERS, 18th Dist. | |
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | ||
| 19 | 19 | AN ACT CONCERNING THE RESEARCH AND DEVELOPMENT TAX | |
| 20 | 20 | CREDIT EXCHANGE RATE FOR BIOTECHNOLOGY COMPANIES. | |
| 21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
| 22 | 22 | Assembly convened: | |
| 23 | 23 | ||
| 24 | 24 | That section 12-217ee of the general statutes be amended to increase 1 | |
| 25 | 25 | the research and development tax credit exchange rate to one hundred 2 | |
| 26 | 26 | per cent for biotechnology companies. 3 | |
| 27 | 27 | Statement of Purpose: | |
| 28 | 28 | To increase the research and development tax credit exchange rate | |
| 29 | 29 | under section 12-217ee of the general statutes to one hundred per cent | |
| 30 | 30 | for biotechnology companies. |