HB4513 - 104th General Assembly (2025-2026)

INC TX-R AND D CREDIT
Last Action

2/11/2026 - House: Assigned to Revenue & Finance Committee
House Sponsors

Rep. Rita Mayfield
Hearings

Revenue & Finance Committee Hearing Feb 19 2026 8:00AM Stratton Building Room D-1 Springfield, IL
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
1/21/2026HouseFiled with the Clerk by Rep. Rita Mayfield
1/26/2026HouseFirst Reading
1/26/2026HouseReferred to Rules Committee
2/11/2026HouseAssigned to Revenue & Finance Committee