HB3661 - 104th General Assembly (2025-2026)

DCEO-QUANTUM INFORMATION
Last Action

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

Rep. Dagmara Avelar
Statutes Amended In Order of Appearance

Synopsis As Introduced

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall award income tax credits in an amount equal to 13% of the qualifying quantum information science expenditures made by the taxpayer during the taxable year. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.
Actions

DateChamberAction
2/07/2025HouseFiled with the Clerk by Rep. Dagmara Avelar
2/18/2025HouseFirst Reading
2/18/2025HouseReferred to Rules Committee
3/11/2025HouseAssigned to Revenue & Finance Committee
3/13/2025HouseTo Income Tax Subcommittee
3/21/2025HouseRule 19(a) / Re-referred to Rules Committee