Date	Chamber	Action
1/10/2017	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/201

from Ch. 120, par. 2-201

35 ILCS 5/203

from Ch. 120, par. 2-203

35 ILCS 105/3-5

35 ILCS 105/3-50

from Ch. 120, par. 439.3-50

35 ILCS 105/3-85

35 ILCS 110/2

from Ch. 120, par. 439.32

35 ILCS 110/3-5

35 ILCS 110/3-70

35 ILCS 115/2

from Ch. 120, par. 439.102

35 ILCS 115/3-5

35 ILCS 115/9

from Ch. 120, par. 439.109

35 ILCS 120/2-5

35 ILCS 120/2-45

from Ch. 120, par. 441-45

35 ILCS 120/3

from Ch. 120, par. 442

Synopsis As Introduced
Amends the Illinois Income Tax Act. Reinstates the research and development credit for tax years ending on or after January 1, 2016, and provides that the credit applies on a permanent basis. Provides that the credit may be carried forward for a period of 20 years (instead of 5 years). Creates an addition modification in an amount equal to the deduction for qualified domestic production activities allowed under Section 199 of the Internal Revenue Code for the taxable year. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that the manufacturing and assembling machinery and equipment exemption includes graphic arts machinery and equipment and production related tangible personal property. Provides that the exemption for coal and aggregate exploration, mining, off-highway hauling, processing, maintenance, and reclamation equipment applies on a permanent basis. Effective immediately.

Actions 

Date	Chamber	Action
2/10/2016	House	Filed with the Clerk by Rep. Michael J. Zalewski
2/10/2016	House	First Reading
2/10/2016	House	Referred to Rules Committee
3/2/2016	House	Added Co-Sponsor Rep. Kathleen Willis
3/23/2016	House	Assigned to Revenue & Finance Committee
3/29/2016	House	To Sales and Other Taxes Subcommittee
3/30/2016	House	Added Chief Co-Sponsor Rep. Jerry Costello, II
4/8/2016	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2017	House	Session Sine Die

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