Bill Sponsors: IL HB4042 | 2011-2012 | 97th General Assembly
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]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB4042 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
| Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
|---|---|---|---|---|---|---|
| Representative Jehan Gordon-Booth [D] | Primary | Sponsored Bills | HD-092 | FollowTheMoney | Ballotpedia | VoteSmart |
| Representative Carol Sente [D] | Cosponsor | Sponsored Bills | HD-059 | FollowTheMoney | Ballotpedia | VoteSmart |
