SB 2084
Comment:
IFRA Position: Monitor
Short Description: INC TX-INNOVATION CREDIT
Senate Sponsors
Sen. Donald P. DeWitte
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obtained a research and development credit with respect to his or her federal income taxes to qualify for the Illinois research and development credit.
Last Action
|
Date |
Chamber |
Action |
|
2/9/2023 |
Senate |
Referred to Assignments |