SB 2084

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tx-Innovation Credit

Abstract

Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obtained a research and development credit with respect to his or her federal income taxes to qualify for the Illinois research and development credit.

Bill Sponsors (7)

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Mar 15, 2024

House

Rule 3-9(a) / Re-referred to Assignments

Jan 26, 2024

House

Added as Co-Sponsor Sen. Neil Anderson

Jan 10, 2024

House

Re-assigned to Revenue

Jul 18, 2023

House

Added as Co-Sponsor Sen. Sally J. Turner

Apr 17, 2023

House

Added as Co-Sponsor Sen. Craig Wilcox

Mar 29, 2023

House

Added as Co-Sponsor Sen. Win Stoller

Mar 28, 2023

House

Added as Co-Sponsor Sen. Dave Syverson

Mar 21, 2023

House

Added as Co-Sponsor Sen. Dale Fowler

Mar 10, 2023

House

Rule 3-9(a) / Re-referred to Assignments

Feb 28, 2023

House

Assigned to Revenue

Feb 09, 2023

House

Filed with Secretary by Sen. Donald P. DeWitte

House

Referred to Assignments

House

First Reading

Bill Text

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