Illinois General Assembly - Bill Status for HB4042
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 Bill Status of HB4042  97th General Assembly


Short Description:  INC TX-R AND D CREDIT

House Sponsors
Rep. Jehan A. Gordon - Carol A. Sente

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201


Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that the research and development credit applies for all tax years ending on or after December 31, 2004 (now, tax years ending on or after December 31, 2004, and ending prior to January 1, 2016). Exempts the credit from the Act's automatic sunset provision. Effective immediately.

Actions 
DateChamber Action
  1/23/2012HouseFiled with the Clerk by Rep. Jehan A. Gordon
  1/25/2012HouseFirst Reading
  1/25/2012HouseReferred to Rules Committee
  3/5/2012HouseAdded Chief Co-Sponsor Rep. Carol A. Sente
  1/8/2013HouseSession Sine Die

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