Relating to taxation; increasing the corporate franchise tax research credit and expanding the credit to noncorporate income tax taxpayers; providing for an investment income tax credit for individuals or certain pass through entities purchasing equity securities or subordinated debt of qualified business ventures directly from the business, limits, prohibiting credit for brokered investments, specifying application requirements, allowing a carryover of excess credit; requiring and providing for the registration of qualified business ventures with the commissioner of trade and economic development for tax credit eligibility purposes, fee, specifying certain qualification requirements, providing for the effective date of registration, requiring and providing for annual renewal to remain qualified, fee, requiring revocation for failure to renew or for submitting false information, requiring venture notice to the commissioner of disqualification due to excessive revenues, prohibiting transfer of registrations, requiring the deposit of fees in the general fund and annual commissioner reports to the legislature on registered businesses; requiring forfeiture of the tax credit under certain conditions and specifying the effect; providing a sales tax exemption for research supplies, equipment and services; appropriating money to DTED for registration administration purposes (ra)