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 Bill Status of HB2438  100th General Assembly


Short Description:  INCOME TAX-R AND D CREDIT

House Sponsors
Rep. Steven A. Andersson - David S. Olsen

Last Action
DateChamber Action
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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 on a permanent basis. Provides that the research and development credit may be carried forward for a period of 20 taxable years (now, 5 taxable years) or carried back for one taxable year. Extends the research and development credit for 10 years.

Actions 
DateChamber Action
  2/6/2017HouseFiled with the Clerk by Rep. Steven A. Andersson
  2/8/2017HouseFirst Reading
  2/8/2017HouseReferred to Rules Committee
  2/9/2017HouseAdded Chief Co-Sponsor Rep. David S. Olsen
  2/22/2017HouseAssigned to Revenue & Finance Committee
  3/9/2017HouseTo Growth, Reform & Fairness Subcommittee
  3/31/2017HouseRule 19(a) / Re-referred to Rules Committee

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