· NY legislature · 2025-2026

Authorizes the trading of existing but unused research and development credits and existing but unused net operating loss deductions to existing entities

Authorizes the trading of existing but unused research and development credits and existing but unused net operating loss deductions to existing corporations and partnerships in return for private assistance; enacts the "Small New York Based High-Technology Business Investment Tax Credit Act".

Sponsor

Kevin Parker (D-NY)

Introduced

2025-01-31

Latest action

REFERRED TO BUDGET AND REVENUE