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SB3213Introduced in the Senate

Relating To Tax Credit For Research Activities.

IntroducedSenate Economic Development and Technology

Introduced by Troy Hashimoto, District 5

What does this bill do?

Plain-English breakdown

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Official description

Restores the provision that makes references to the Internal Revenue Code's base-amount requirement inapplicable to the Research Activities Tax Credit, allowing all qualified research expenses to be claimed without regard to prior-year expenses. Increases the annual cap for the Research Activities Tax Credit.

Where it stands

Referred to EDT, WAM.

February 2, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Introduced.

  2. Passed First Reading.

  3. Referred to EDT, WAM.

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