An Act ensuring transparency in research funding
Take action
Record your position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill, S.2097, aims to increase transparency regarding research funding within the Commonwealth of Massachusetts. It proposes to examine and potentially tax research and development corporations, similar to how manufacturing corporations are taxed. The bill is currently being reviewed by the Senate Revenue Committee and has been accompanied by a related draft, S.2753. It seeks to ensure accountability and clarity in the allocation of research funds.
Key provisions
- Requires transparency in research funding activities.
- Proposes to tax research and development corporations.
- Aligns with existing taxation practices for manufacturing corporations.
- Currently under review by the Senate Revenue Committee.
- Related draft legislation (S.2753) has been introduced.
Who is affected
- Research and development corporations
- The Commonwealth of Massachusetts
- Taxpayers
Notable changes
- Potentially introduces a new tax category for research and development corporations.
- Builds upon existing tax structures for manufacturing corporations.
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours