§ 162-P:1 — Research and Development Tax Credit Program

New Hampshire § 162-P:1

• Jurisdiction: New Hampshire
• Title XII: PUBLIC SAFETY AND WELFARE
• Ch. 162-P: RESEARCH AND DEVELOPMENT TAX CREDIT PROGRAM

Text

I. The commissioner of business and economic affairs shall file a report detailing the implementation of the tax credit program under RSA 77-A:5, XIII and the results achieved. The report shall include the following:
(a) Methods and activities used to implement the tax credit program.
(b) The number of companies, including venture capital funds, contacted relative to locating research and development activities in the state.
(c) Types and sizes of companies using the credit, and the effect on hiring and company growth, to the extent permitted by confidentiality concerns.
(d) Size of the credit relative to the federal credit for typical companies.
(e) Other information as deemed relevant.
II. This report shall be filed with the president of the senate, the speaker of the house of representatives, the chairmen of the house and senate ways and means committees, and the governor on or before July 31 of each year, beginning with July 31, 2008.

Legislative History

2007, 271:3, 6, III. 2013, 5:2, eff. May 20, 2013. 2017, 156:14, II, eff. July 1, 2017.