Illinois General Assembly - Bill Status for SB1611
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 Bill Status of SB1611  102nd General Assembly


Short Description:  INC TX-R & D CREDIT

Senate Sponsors
Sen. Matt Murphy - Dave Syverson - Frank C. Watson - J. Bradley Burzynski - Chris Lauzen, Dale A. Righter, John O. Jones, Dan Cronin, Randall M. Hultgren, Kirk W. Dillard, Gary G. Dahl and Dan Rutherford

Last Action
DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/201from Ch. 120, par. 2-201


Synopsis As Introduced
Amends 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, 2007. effective immediately.

Actions 
DateChamber Action
  2/9/2007SenateFiled with Secretary by Sen. Matt Murphy
  2/9/2007SenateChief Co-Sponsor Sen. Dave Syverson
  2/9/2007SenateChief Co-Sponsor Sen. Frank C. Watson
  2/9/2007SenateChief Co-Sponsor Sen. J. Bradley Burzynski
  2/9/2007SenateChief Co-Sponsor Sen. Chris Lauzen
  2/9/2007SenateCo-Sponsor Sen. Dale A. Righter
  2/9/2007SenateCo-Sponsor Sen. John O. Jones
  2/9/2007SenateCo-Sponsor Sen. Dan Cronin
  2/9/2007SenateCo-Sponsor Sen. Randall M. Hultgren
  2/9/2007SenateCo-Sponsor Sen. Kirk W. Dillard
  2/9/2007SenateCo-Sponsor Sen. Gary G. Dahl
  2/9/2007SenateFirst Reading
  2/9/2007SenateReferred to Rules
  3/5/2007SenateAdded as Co-Sponsor Sen. Dan Rutherford
  1/13/2009SenateSession Sine Die

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