HB7008 — AN ACT CONCERNING A RESEARCH AND DEVELOPMENT EXPENSES TAX CREDIT FOR PASS-THROUGH ENTITIES.

HB7008 — AN ACT CONCERNING A RESEARCH AND DEVELOPMENT EXPENSES TAX CREDIT FOR PASS-THROUGH ENTITIES. · Informed CitizenryEffective January 1, 2026, this act establishes a tax credit equal to six percent of the research and development expenses paid or incurred by a taxpayer during a taxable year. This credit is appli…Open in Informed Citizenry