<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2977         </title>
<shortdesc>INC TX-R AND D CREDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chuck Weaver</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</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 on a permanent basis. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2016</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chuck Weaver</action>
<statusdate>2/18/2016</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2016</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/8/2016</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/16/2016</statusdate><chamber>Senate</chamber><action>To Subcommittee on Tax Credits</action>
<statusdate>4/8/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 22, 2016</action>
<statusdate>4/22/2016</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016</action>
<statusdate>5/13/2016</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

