Bill Title: Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the research and development credit may be carried forward for a period of 20 taxable years (now, 5 taxable years) or carried back for one taxable year. Effective immediately.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB3105 Detail]

Text: Latest bill text (Introduced) [HTML]

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