Bill Title: Amends the Illinois Income Tax Act. Provides that the research and development credit applies for all tax years ending on or after December 31, 2004 (now, tax years ending on or after December 31, 2004, and ending prior to January 1, 2016). Exempts the credit from the Act's automatic sunset provision. Effective immediately.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2013-01-08 - Session Sine Die
[HB4042 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2012-01-23 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for Illinois HB4042 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for Illinois HB4042 currently on file. |
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