Date	Chamber	Action
1/9/2019	Senate	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. 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.

Actions 

Date	Chamber	Action
2/16/2018	Senate	Filed with Secretary by Sen. Chuck Weaver
2/16/2018	Senate	First Reading
2/16/2018	Senate	Referred to Assignments
2/27/2018	Senate	Assigned to Revenue
4/13/2018	Senate	Rule 2-10 Committee Deadline Established As April 27, 2018
4/27/2018	Senate	Rule 3-9(a) / Re-referred to Assignments
1/9/2019	Senate	Session Sine Die

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