HB1602 - 104th General Assembly (2025-2026)

INC TX-R AND D CREDIT
Last Action

3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors

Rep. Rita Mayfield
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Illinois Income Tax Act. Provides that the research and development credit applies on a permanent basis. Effective immediately.
Actions

DateChamberAction
1/22/2025HouseFiled with the Clerk by Rep. Rita Mayfield
1/28/2025HouseFirst Reading
1/28/2025HouseReferred to Rules Committee
2/18/2025HouseAssigned to Revenue & Finance Committee
3/03/2025HouseTo Income Tax Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee