<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4303         </title>
<shortdesc>INC TX-R AND D CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jehan Gordon-Booth</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>House</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 for all tax years ending on or after December 31, 2004 (now, tax years ending on or after December 31, 2004, and ending prior to January 1, 2016). Exempts the credit from the Act's automatic sunset provision. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>9/29/2015</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jehan Gordon-Booth</action>
<statusdate>10/14/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>10/14/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

