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Bill H.3168
SECTION 1. Section 6(r) of Chapter 64H of the General Laws, as appearing in the 2022 edition, is hereby amended by inserting the words “or any entity engaged primarily in research and development activities, including limited liability companies, partnerships, and other entities filing Massachusetts tax returns,” after the words “development by a manufacturing corporation”.
SECTION 2. Section 6(s) of Chapter 64H, as appearing, is hereby amended by inserting the words “or any other entity certified by the Department of Revenue as primarily engaged in research and development activities.” after the phrase “manufacturing or research and development corporation”
SECTION 3. The Department of Revenue shall issue guidance to assist eligible non-corporate entities, including limited liability companies and partnerships, in applying for this exemption. Non-corporate entities may be required to submit an annual statement confirming their primary engagement in research and development activities.
SECTION 4. This Act shall take effect on January 1, 2026 and apply to all qualifying purchases made on or after this date.
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