Governor Hasaan Announces 155 Companies Received R&D Tax Credits

maggieTo encourage innovation and support efforts of NH businesses to create jobs, Governor Maggie Hassan and Department of Revenue Administration (DRA) Commissioner John Beardmore announced Tuesday that 155 companies have received tax credits under the state’s newly expanded research & development tax credit program. Earlier this year, Hassan signed into law SB 1, bipartisan legislation that doubled the amount of the R&D tax credit to $2 million and made the tax credit permanent.

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