HB4513 - 104th General Assembly (2025-2026)

INC TX-R AND D CREDIT
Last Action

2/26/2026 - House: To Tax Policy: Other Taxes Subcommittee
House Sponsors

Rep. Rita Mayfield
Hearings

Tax Policy: Sales Tax Subcommittee Hearing Mar 26 2026 8:08AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Other Taxes Subcommittee Hearing Mar 26 2026 8:07AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Income Tax Subcommittee Hearing Mar 26 2026 8:06AM Stratton Building Room D-1 Springfield, IL
Tax Policy: Finance Subcommittee Hearing Mar 26 2026 8:05AM Stratton Building Room D-1 Springfield, IL
Tax Credit and Incentives Subcommittee Hearing Mar 26 2026 8:04AM Stratton Building Room D-1 Springfield, IL
Sales Tax Subcommittee Hearing Mar 26 2026 8:03AM Stratton Building Room D-1 Springfield, IL
Revenue & Finance Committee Hearing Mar 26 2026 8:00AM Stratton Building Room D-1 Springfield, IL
Property Tax Subcommittee Hearing Mar 26 2026 8:02AM Stratton Building Room D-1 Springfield, IL
Income Tax Subcommittee Hearing Mar 26 2026 8:01AM Stratton Building Room D-1 Springfield, IL
Finance Subcommittee Hearing Mar 26
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
Actions

DateChamberAction
1/21/2026HouseFiled with the Clerk by Rep. Rita Mayfield
1/26/2026HouseFirst Reading
1/26/2026HouseReferred to Rules Committee
2/11/2026HouseAssigned to Revenue & Finance Committee
2/26/2026HouseTo Tax Policy: Other Taxes Subcommittee