Date	Chamber	Action
1/8/2019	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

Synopsis As Introduced
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.

Actions 

Date	Chamber	Action
2/6/2017	House	Filed with the Clerk by Rep. Steven A. Andersson
2/8/2017	House	First Reading
2/8/2017	House	Referred to Rules Committee
2/9/2017	House	Added Chief Co-Sponsor Rep. David S. Olsen
2/22/2017	House	Assigned to Revenue & Finance Committee
3/9/2017	House	To Growth, Reform & Fairness Subcommittee
3/31/2017	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2019	House	Session Sine Die

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