92nd General Assembly
Summary of HB2205
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House Sponsors:
HOFFMAN-DAVIS,STEVE-STEPHENS, BRUNSVOLD AND POE.

Short description: 
INC TAX-ALTERNATE R & D CREDIT                                             

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax Act.   Authorizes  an  alternative      
   method  of computation of the research and development credit based on      
   the federal  alternative  credit  under  the  Internal  Revenue  Code.      
   Extends  the research and development credit to include costs incurred      
   through December 31, 2009 (now, 2004).                                      
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status