Photo of Senator Farry
Senator
Frank Farry
Pennsylvania's 6th District
Serving Bucks County
Senator
Frank Farry
Pennsylvania's 6th District
Serving Bucks County

Meeting to consider SB 792 and SB 1206

Senate Institutional Sustainability and Innovation Committee

Tuesday, June 9, 2026 | 12:30 p.m.

8E-B, East Wing


Agenda

  • SB 792 (Farry) – Amends the Tax Code to increase the Research & Development tax credit.

A3415 (Farry) – Expands qualifications for small businesses by increasing the asset threshold, increasing the percentage of the credit calculation and changing the base amount to the preceding three years.

A3398 (Santarsiero) – Removes the set amount of $24 million for the small business and replaces it with 30% of the full allocation.

  • SB 1206 (Pennycuick) – Amends the Wholesale Prescription Drug Distributors License Act to allow manufacturers and virtual manufacturers to apply for preapproval for a state license while awaiting FDA approval for a drug or medical device.
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