SB3283Introduced in the Senate
Relating To Taxation.
Introduced by Glenn Wakai, District 15
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
Amends the research activity tax credit so that references to the base amount in section 41 of the Internal Revenue Code shall not apply and credit for all qualified research expenses may be taken without regard to the amount of expenses for previous years. Increases the annual aggregate cap for the research activity 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?
Citizen Voice
How would you vote on this bill?
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Bill history
Introduced.
Passed First Reading.
Referred to EDT, WAM.
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