SB792 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in research and development tax credit, further providing for definitions, for credit for research and development expenses and for limitation on credits.

SB792 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in research and development tax credit, further providing for definitions, for credit for research and development expenses and for limitation on credits. · Informed CitizenryThis bill amends the Tax Reform Code of 1971 to modify the research and development tax credit. It increases the total amount of credits approved by the department from $60,000,000 to $120,000,000…Open in Informed Citizenry