Melinda Bush
- Democratic
Primary
Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 taxable years (currently, 5 taxable years). Makes changes concerning the calculation of the credit. Effective immediately.
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Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee Deadline Established As March 28, 2019
To Subcommittee on Tax Exemptions and Credits
Assigned to Revenue
Filed with Secretary by Sen. Melinda Bush
Referred to Assignments
First Reading
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