State of Illinois
92nd General Assembly
Legislation

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[ Introduced ][ Engrossed ][ House Amendment 001 ]


92_SB0729sam001

 










                                           LRB9205003SMdvam01

 1                    AMENDMENT TO SENATE BILL 729

 2        AMENDMENT NO.     .  Amend Senate Bill 729  on  page  19,
 3    line 4, after the period, by inserting the following:
 4    "For  purposes  of  the alternative incremental credit, "base
 5    amount", "basic research payment",  and  "qualified  research
 6    expense"  mean the same as defined for the federal credit for
 7    increasing  research  activities  under  Section  41  of  the
 8    Internal  Revenue  Code,  except  that  for  the  alternative
 9    incremental credit such amounts are for activities  conducted
10    within the State of Illinois.".

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