Bill Sponsors: IL SB2084 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that a taxpayer shall be allowed an income tax credit in an amount equal to 1.3% of the qualified research expenses made by the taxpayer in Illinois. Provides that the taxpayer is not required to have obtained a research and development credit with respect to his or her federal income taxes to qualify for the Illinois research and development credit.

Spectrum: Partisan Bill (Republican 7-0)

Status: (Failed) 2025-01-07 - Session Sine Die [SB2084 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeContactPhoneDistrictSponsorshipState ProfileFinancialEncyclopediaBiography
Senator Donald DeWitte [R]PrimaryN/A217-782-1977SD-033Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Dale Fowler [R]CosponsorN/A217-782-5509SD-059Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Dave Syverson [R]CosponsorN/A217-782-5413SD-035Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Win Stoller [R]CosponsorN/AN/ASD-037Sponsored BillsN/AFollowTheMoneyBallotpediaVoteSmart
Senator Craig Wilcox [R]CosponsorN/A217-782-8000SD-032Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Sally Turner [R]CosponsorN/A217-782-6216SD-044Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart
Senator Neil Anderson [R]CosponsorN/A217-782-5957SD-047Sponsored BillsState ProfileFollowTheMoneyBallotpediaVoteSmart

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