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Tell Your Senators to VOTE NO on CORPORATE WELFARE Bill SB1643!
SB1643 would allow $50M a year in tax credits for R&D companies and increase the "refundability" from $5 M to $10 M a year.  There are currently over $1 BILLION in backlogged R&D tax credits because the state programs have generously allowed these companies to entirely zero out their tax liability!!

SB1643 is a straight $10M/year appropriation to these companies subsidized by TAXPAYERS.  This is CORPORATE WELFARE and it's WRONG!!

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