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SB00051Introduced in the Senate

An Act Concerning The Research And Development Tax Credit Exchange Rate For Biotechnology Companies.

IntroducedJoint Finance, Revenue and Bonding

Introduced by Heather Bond Somers, District 18

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

To increase the research and development tax credit exchange rate under section 12-217ee of the general statutes to one hundred per cent for biotechnology companies.

Where it stands

Referred to Joint Committee on Finance, Revenue and Bonding

February 4, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Referred to Joint Committee on Finance, Revenue and Bonding

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