Bill Title: Amends the Illinois Income Tax Act. Provides that the research and development credit is effective for all taxable years ending on or after December 31, 2004 and is not subject to the Act's automatic sunset provisions. Provides that amounts paid or incurred for ethanol and biodiesel research are included in the definition of "qualified expenditure". Effective immediately.

Spectrum: Moderate Partisan Bill (Republican 7-1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB5795 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2012-02-16	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB5795

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB5795 currently on file.

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