SB3791 - 104th General Assembly

INC TX-INNOVATION CREDIT
Last Action
2/24/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Donald P. DeWitte
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obtained a research and development credit with respect to his or her federal income taxes to qualify for the Illinois research and development credit.
Actions
Date Chamber Action
2/05/2026 Senate Filed with Secretary by Sen. Donald P. DeWitte
2/05/2026 Senate First Reading
2/05/2026 Senate Referred to Assignments
2/24/2026 Senate Assigned to Revenue
3/13/2026 Senate Rule 2-10 Committee Deadline Established As April 24, 2026