IL SB0252 | 2025-2026 | 104th General Assembly
Status
Sponsorship: Bipartisan Bill
Status: Introduced on January 22 2025 - 25% progression, died in committee
Action: 2025-06-02 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2025 - 25% progression, died in committee
Action: 2025-06-02 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments 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.
Title
INC TX-R AND D CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-06-02 | Senate | Rule 3-9(a) / Re-referred to Assignments |
| 2025-05-23 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025 |
| 2025-05-09 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025 |
| 2025-04-11 | Senate | Rule 2-10 Committee Deadline Established As May 9, 2025 |
| 2025-04-04 | Senate | Added as Co-Sponsor Sen. Ram Villivalam |
| 2025-03-21 | Senate | Rule 2-10 Committee Deadline Established As April 11, 2025 |
| 2025-02-04 | Senate | Assigned to Revenue |
| 2025-01-22 | Senate | Referred to Assignments |
| 2025-01-22 | Senate | First Reading |
| 2025-01-22 | Senate | Filed with Secretary by Sen. Donald P. DeWitte |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 201 | Amended Code | Citation Text |
