Legislative finding and purpose

The Legislature finds that the encouragement of research and development in this state is in the public interest and promotes economic growth and development and the general welfare of the people of this state. In order to encourage research and development in this state and thereby increase employment and economic development, there is hereby provided a strategic research and development tax credit.

Source: view the official text

In this chapter (40 sections)

11-13Q-5 · Credit allowed for locating corporate headquarters in this…
11-13Q-6 · Credit allowable for certified projects
11-13Q-7 · Application of annual credit allowance
11-13Q-8 · Qualified investment
11-13Q-9 · New jobs percentage
11-13Q-10 · Credit for small business
11-13Q-10A · Credit allowed for specified high technology manufacturers
11-13Q-11 · Forfeiture of unused tax credits; redetermination of credit…
11-13Q-12 · Recapture of credit; recapture tax imposed
11-13Q-13 · Transfer of qualified investment to successors
11-13Q-14 · Identification of investment credit property
11-13Q-15 · Failure to keep records of investment credit property
11-13Q-16 · Interpretation and construction
11-13Q-17 · Severability
11-13Q-18 · Burden of proof; application required; failure to make…
11-13Q-19 · Business eligible for credit entitlements
11-13Q-20 · Tax credit review and accountability
11-13Q-21 · Effective date; election; notice of claim or election under…
11-13Q-22 · Credit available for taxpayers which do not satisfy the new…
11-13R-1 · Short title
11-13R-2 · Legislative finding and purpose
11-13R-3 · Definitions
11-13R-4 · Annual combined qualified research and development…
11-13R-5 · Amount of credit allowed
11-13R-6 · Application of credit
11-13R-7 · Forfeiture of unused tax credits; redetermination of credit…
11-13R-8 · Transfer of qualified research and development investment to…
11-13R-9 · Identification of investment credit property
11-13R-10 · Failure to keep records of qualified research and…
11-13R-11 · Tax credit review and accountability
11-13R-12 · Effective date
11-13R-13 · Expiration of tax credit
11-13S-1 · Short title
11-13S-2 · Legislative findings and purpose
11-13S-3 · Definitions
11-13S-4 · Amount of credit allowed for manufacturing investment
11-13S-5 · Qualified manufacturing investment
11-13S-6 · Forfeiture of unused tax credits; redetermination of credit…
11-13S-7 · Transfer of property purchased for manufacturing investment…
11-13S-8 · Identification of investment credit property

Full table of contents →