Chuck Weaver
- Republican
Primary
Amends the Illinois Income Tax Act. Makes changes concerning the calculation of the research and development credit by providing that, for tax years ending on or after December 31, 2018, "qualifying expenditures for the base period" means 50% (currently, 100%) of the average of the qualifying expenditures for each year in the base period. Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As April 27, 2018
Assigned to Revenue
Filed with Secretary by Sen. Chuck Weaver
Referred to Assignments
First Reading
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