Chapter 32
Elective Deduction for Research and Development Facilities
Index of Sections
§ 44-32-1. Elective deduction against allocated entire net income. [Effective until January 1,
2026.]44-32-1. Elective deduction against allocated entire net income. [Effective January 1, 2026.]
§ 44-32-2. Credit for research and development property acquired, constructed, or reconstructed
or erected after July 1, 1994. [Effective January 1, 2026.]
§ 44-32-3. Credit for qualified research expenses. [Effective January 1, 2026.]