INC TAX-ALTERNATE R & D CREDIT
Summary
Amends the Illinois Income Tax Act. Authorizes an alternative method of computation of the research and development credit based on the federal alternative credit under the Internal Revenue Code. Extends the research and development credit to include costs incurred through December 31, 2009 (now, 2004).
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2003
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Mar 13, 2003
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 28, 2003
Committee
Assigned to Revenue Committee
lower
Feb 27, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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