SB 792: 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.

Plain-language summary

SB 792 is a bill introduced in the Pennsylvania Senate on June 6, 2025. According to its official title, it concerns: 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. Primary sponsor: Frank Farry (Republican). It lists 10 additional sponsors. Most recent recorded action (June 22, 2026): Re-referred to Appropriations.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written