IL HB1602 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on January 22 2025 - 25% progression, died in committee
Action: 2025-03-21 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.

Tracking Information

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Title

INC TX-R AND D CREDIT

Sponsors


History

DateChamberAction
2025-03-21HouseRule 19(a) / Re-referred to Rules Committee
2025-03-03HouseTo Income Tax Subcommittee
2025-02-18HouseAssigned to Revenue & Finance Committee
2025-01-28HouseReferred to Rules Committee
2025-01-28HouseFirst Reading
2025-01-22HouseFiled with the Clerk by Rep. Rita Mayfield

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355201Amended CodeCitation Text

Illinois State Sources


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