INC TX-INNOVATION CREDIT Senate SponsorsSen. Ram Villivalam-Donald P. DeWitte-Melinda Bush, David Koehler and Jason A. Barickman 1/13/2021SenateSession Sine Die 35 ILCS 5/201Amends 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. 2/14/2020SenateFiled with Secretary by Sen. Ram Villivalam 2/14/2020SenateFirst Reading 2/14/2020SenateReferred to Assignments 2/18/2020SenateAdded as Chief Co-Sponsor Sen. Donald P. DeWitte 2/25/2020SenateAdded as Chief Co-Sponsor Sen. Melinda Bush 2/27/2020SenateAdded as Co-Sponsor Sen. David Koehler 3/3/2020SenateAdded as Co-Sponsor Sen. Jason A. Barickman 3/12/2020SenateAssigned to Revenue 3/18/2020SenateRule 2-10 Committee Deadline Established As April 2, 2020 3/25/2020SenateRule 2-10 Committee Deadline Established As April 24, 2020 3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020 4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 4/16/2020SenateRule 2-10 Committee Deadline Established As April 30, 2020 4/23/2020SenateRule 2-10 Committee Deadline Established As May 7, 2020 4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Committee Deadline Established As May 15, 2020 4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Committee Deadline Established As May 22, 2020 5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020 5/15/2020SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020 1/13/2021SenateSession Sine Die