INC TX-R AND D CREDIT House SponsorsRep. Tony McCombie, Deb Conroy and Jonathan "Yoni" Pizer 1/13/2021HouseSession Sine Die 35 ILCS 5/201 Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year in the base period (instead of 100% of the average of the qualifying expenditures for each year in the base period). Provides that the research and development credit applies on a permanent basis. Effective immediately. 2/6/2020HouseFiled with the Clerk by Rep. Tony McCombie 2/18/2020HouseFirst Reading 2/18/2020HouseReferred to Rules Committee 5/22/2020HouseAdded Co-Sponsor Rep. Deb Conroy 5/22/2020HouseAdded Co-Sponsor Rep. Jonathan "Yoni" Pizer 1/13/2021HouseSession Sine Die