The 2012 Appropriations Act (the “Act”) was signed into law by Governor Patrick on July 11, 2011. Section 36 of the Act establishes a life sciences tax incentive program and authorizes up to $25 million in tax incentives annually including “refundable jobs credit.” These incentives are available to certified life sciences companies in the Commonwealth. [For more info, cf. http://www.eapdlaw.com/newsstand/detail.aspx?news=2484]
