2020 First Extraordinary Session ENROLLED
SENATE BILL NO. 4
BY SENATOR FOIL AND REPRESENTATIVES THOMPSON AND W ILLARD
1 AN ACT
2 To amend and reenact R.S. 47:6015(J), relative to the research and development tax credit;
3 to extend the duration for eligibility for the tax credit; to provide for an effective
4 date; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 47:6015(J) is hereby amended and reenacted to read as follows:
7 ยง6015. Research and development tax credit
8 * * *
9 J. No credit shall be allowed pursuant to this Section for research
10 expenditures incurred, Small Business Technology Transfer Program funds received,
11 or Small Business Innovation Research Grant funds received after December 31,
12 2021 2025.
13 * * *
14 Section 2. This Act shall become effective on January 1, 2021.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
ACT No. 13
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.