IL SB3873 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Partisan Bill (Republican 4)
Status: Introduced on February 6 2026 - 25% progression, died in committee
Action: 2026-07-06 - Added as Co-Sponsor Sen. Chris Balkema
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.

Tracking Information

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Title

INC TX-R AND D CREDIT

Sponsors


History

DateChamberAction
2026-07-06SenateAdded as Co-Sponsor Sen. Chris Balkema
2026-06-25SenateAdded as Co-Sponsor Sen. Seth Lewis
2026-06-25SenateAdded as Co-Sponsor Sen. Craig Wilcox
2026-02-06SenateReferred to Assignments
2026-02-06SenateFirst Reading
2026-02-06SenateFiled with Secretary by Sen. Donald P. DeWitte

Code Citations

ChapterArticleSectionCitation TypeStatute Text
355201Amended CodeCitation Text

Illinois State Sources


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