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<xml>
<title>Illinois General Assembly - Bill Status for HB 4883   </title>
<shortdesc>INC TX-PATENT DEDUCTIONS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Susana A Mendoza-Mike Fortner-Maria Antonia Berrios, Kathleen A. Ryg, Kevin Joyce, Sandy Cole and Ruth Munson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/203</reference><aliasreference>from Ch. 120, par. 2-203</aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates an income tax deduction for taxpayers with less than 500 employees or who are not-for-profit organizations for income, royalties, or receipts from patents for an invention resulting from a development process conducted in Illinois. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Susana A Mendoza</action>
<statusdate>2/11/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/11/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/13/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mike Fortner</action>
<statusdate>2/14/2008</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>2/26/2008</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/6/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>3/6/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Kevin Joyce</action>
<statusdate>3/6/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandy Cole</action>
<statusdate>3/6/2008</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ruth Munson</action>
<statusdate>3/14/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

