Illinois General Assembly - Bill Status for HB5667
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 Bill Status of HB5667  101st General Assembly


House Sponsors
Rep. Steven Reick, Jonathan "Yoni" Pizer, Terra Costa Howard and Mary Edly-Allen

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that, in the case of qualifying expenditures related to (i) clean energy technology, (ii) waste reduction, (iii) recycling, (iv) emissions reduction, (v) environmental sustainability, or (vi) biodegradable or compostable products, the research and development credit shall be 13% (currently, 6.5%) of the qualifying expenditures. Effective immediately.

DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Steven Reick
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  3/12/2020HouseAssigned to Revenue & Finance Committee
  5/22/2020HouseAdded Co-Sponsor Rep. Jonathan "Yoni" Pizer
  6/2/2020HouseAdded Co-Sponsor Rep. Terra Costa Howard
  6/2/2020HouseAdded Co-Sponsor Rep. Mary Edly-Allen
  6/23/2020HouseRule 19(b) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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