Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act

Summary

The DECADE Act restructures several state economic‑development accounts, changes how tax credits are calculated and who can claim them, and adds a sales‑tax exemption for specific information‑technology services and digital products. It also clarifies the film‑production tax credit and allows certain investors to receive biotechnology credit refunds. The changes aim to make state incentives more flexible and competitive.

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