Bill Status of HB 3913   97th General Assembly

Short Description:  IDOR-LIST OF R AND D CREDITS

House Sponsors
Rep. Fred Crespo-Michelle Mussman-Jerry F. Costello, II, Jehan A. Gordon, Jack D. Franks and Carol A. Sente

Last Action  View All Actions

DateChamber Action
  2/21/2012HouseTabled By Sponsor Rep. Fred Crespo

Statutes Amended In Order of Appearance
20 ILCS 2505/2505-430 new
35 ILCS 5/917from Ch. 120, par. 9-917

Synopsis As Introduced
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department must prepare an annual report disclosing the identity of each taxpayer who (i) received a research and development credit under the Illinois Income Tax Act during any taxable year ending within the previous 10 calendar years or (ii) carried forward unused research and development credit amounts to any of those taxable years. Contains certain restrictions and prohibitions. Provides that the report must be submitted to the Governor and the General Assembly no later than June 1 of each calendar year and must be posted on the Department's website. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  12/9/2011HouseFiled with the Clerk by Rep. Fred Crespo
  12/11/2011HouseFirst Reading
  12/11/2011HouseReferred to Rules Committee
  12/13/2011HouseMotion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Fred Crespo
  1/5/2012HouseAdded Co-Sponsor Rep. Jehan A. Gordon
  1/5/2012HouseAdded Chief Co-Sponsor Rep. Michelle Mussman
  1/5/2012HouseAdded Chief Co-Sponsor Rep. Jerry F. Costello, II
  2/21/2012HouseMotion Prevailed by Voice Vote
  2/21/2012HouseTabled By Sponsor Rep. Fred Crespo
  3/1/2012HouseAdded Co-Sponsor Rep. Jack D. Franks
  3/7/2012HouseAdded Co-Sponsor Rep. Carol A. Sente

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