INC TX-R & D CREDIT Senate SponsorsSen. Matt Murphy-Pamela J. Althoff 1/12/2011SenateSession Sine Die 35 ILCS 5/201from Ch. 120, par. 2-201Amends the Illinois Income Tax Act. Increases the amount of the research and development credit from 6.5% to 8% of the qualifying expenditures for increasing research activities in this State for taxable years ending on or after December 31, 2009. Effective immediately. 2/19/2009SenateFiled with Secretary by Sen. Matt Murphy 2/19/2009SenateFirst Reading 2/19/2009SenateReferred to Assignments 2/20/2009SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff 3/4/2009SenateAssigned to Revenue 3/12/2009SenateTo Revenue Subcommittee on Special Issues 3/13/2009SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die