Bill Title: Amends the Illinois Income Tax Act. Provides that the research and development credit applies for taxable years ending on or after December 31, 2004, and ending prior to January 1, 2016 (now, January 1, 2011). Provides that the credit may not be carried forward to any taxable year ending on or after January 1, 2016. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 4-2)

Status: (Failed) 2013-01-08 - Session Sine Die [SB1215 Detail]

Text: Latest bill text (Introduced) [HTML]

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