Joe Sosnowski
- Republican
- Representative
- District 69
Primary
Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year in the base period (instead of 100% of the average of the qualifying expenditures for each year in the base period). Provides that the research and development credit applies on a permanent basis. Effective immediately.
No votes to display
Added Co-Sponsor Rep. Tom Weber
Added Co-Sponsor Rep. Jeff Keicher
Filed with the Clerk by Rep. Joe C. Sosnowski
First Reading
Referred to Rules Committee
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