IL HB3661 | 2025-2026 | 104th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Filed with the Clerk by Rep. Dagmara Avelar
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Filed with the Clerk by Rep. Dagmara Avelar
Text: Latest bill text (Introduced) [HTML]
Summary
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.
Title
DCEO-QUANTUM INFORMATION
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-07 | House | Filed with the Clerk by Rep. Dagmara Avelar |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 20 | 605 | 605-1118 | New Code | See Bill Text |
| 35 | 5 | 246 | New Code | See Bill Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3661&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| Text | https://www.ilga.gov/legislation/104/HB/10400HB3661.htm |
