HB 39E (2002) -  New Product Transfer Enhancement Act

by Andrews
creates said act; provides for licensing of certain products or technologies by donor companies to receiving companies for production & marketing; provides that donor companies may be granted credit which may be used as corporate income tax credit; authorizes donor companies to elect to change type of credit under certain circumstances; provides order of credits against corporate income tax, etc. Creates 288.1172, 220.115,.1825; amends 220.02.
Effective Date: Not Specified

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