Joint Semiconductors: Wednesday, April 26, 2023
The committee held a work session on a measure recreating the research and development tax credit for certain taxpayers.
Hearing Summary
On Wednesday, the Joint Committee on Semiconductors held a work session to move a research and development (R&D) tax credit vehicle to the Joint Committee on Tax Expenditures. Although the legislature has talked much this session about restoring some variation of a tax credit, most members left the meeting feeling like their work was incomplete.