1E Requiring the commissioner of employment and economic development (DEED) to establish a corporate franchise tax benefit certificate transfer program to allow new or expanding emerging technology and biotechnology companies in the state with certain unused net operating loss carryover to surrender the tax benefits for use by other state corporate franchise taxpayers; defining certain terms; specifying certain qualifications and application requirements; providing for allocation of tax benefits and annual limit; requiring the commissioner to establish rules for recapture of tax benefits; allowing a technology corporate franchise tax transfer credit
(je)