91st General Assembly
Summary of HB1205
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House Sponsors:
MCCARTHY-MOORE,ANDREA-GRANBERG.

Short description: 
INC TX-JOBS-R&D CREDIT-S CORPS                                             

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax  Act.   Allows  the  research  and      
   development  credit  to  be  taken  by  partners  of  partnerships and      
   shareholders of Subchapter S  corporations  according  to  the  income      
   determination  and  distribution  provisions  of  the federal Internal      
   Revenue Code.  Effective immediately.                                       
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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