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 applies for all tax years ending on or after December 31, 2004, including, but not limited to, the period beginning on January 1, 2016 and ending on the effective date of the amendatory Act (currently, the credit sunsets on December 31, 2015). Effective immediately.

Sponsorship: Moderate Partisan Bill (Democrat 4-1)

Status: (Failed) 2019-01-08 - Session Sine Die [HB0450 Detail]

---

Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-01-13	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB0450

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB0450 currently on file.