Loading
Loading
Your feedback directly shapes Sporos.
Sign in to track your feedback history
Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obtained a research and development credit with respect to his or her federal income taxes to qualify for the Illinois research and development credit.
Introduced
Feb 7, 2025
Last Action
Mar 5, 2026
Session
IL 104th
Sponsors
1 primary · 2 co
Added as Co-Sponsor Sen. Darby A. Hills
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
Rule 2-10 Committee Deadline Established As May 9, 2025
Added as Co-Sponsor Sen. Ram Villivalam
Rule 2-10 Committee Deadline Established As April 11, 2025
Assigned to Revenue
Filed with Secretary by Sen. Donald P. DeWitte
Referred to Assignments
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Added as Co-Sponsor Sen. Darby A. Hills
Donald P. DeWitte
Darby A. Hills