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SB3217Introduced in the Senate

Relating To Taxation.

IntroducedSenate Economic Development and Technology

Introduced by Dru Kanuha, District 3

What does this bill do?

Plain-English breakdown

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Official description

Clarifies that references to the base amount in section 41, Internal Revenue Code of 1986, as amended, shall not apply to the tax credit for research activities, and that the tax credit for qualified research expenses may be claimed without regard to expenses in previous years. Increases the annual cap on the total amount of credits that may be certified by the Department of Business, Economic Development, and Tourism.

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?

Citizen Voice

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Bill history

  1. Introduced.

  2. Passed First Reading.

  3. Referred to EDT, WAM.

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