Steven A. Andersson
- Republican
Primary
Amends the Illinois Income Tax Act. Provides that the research and development credit applies for taxable years ending prior to January 1, 2027 (currently, January 1, 2016). 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. Provides that the research and development credit is exempt from the Act's automatic sunset provision.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
To Growth, Reform & Fairness Subcommittee
Assigned to Revenue & Finance Committee
Added Chief Co-Sponsor Rep. David S. Olsen
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Steven A. Andersson
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