<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 123          </title>
<shortdesc>INC TAX-R AND D CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Julie A. Morrison-John F. Curran-Laura Ellman, Michael E. Hastings and Steve Stadelman</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/201</reference><aliasreference>from Ch. 120, par. 2-201</aliasreference><SynopsisText>Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/29/2019</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Julie A. Morrison</action>
<statusdate>1/29/2019</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/29/2019</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/29/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. John F. Curran</action>
<statusdate>1/30/2019</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>2/5/2019</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Laura Ellman</action>
<statusdate>2/7/2019</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>2/11/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael E. Hastings</action>
<statusdate>2/21/2019</statusdate><chamber>Senate</chamber><action>Postponed - Revenue</action>
<statusdate>2/21/2019</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Steve Stadelman</action>
<statusdate>3/22/2019</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

