INC TX-PATENT DEDUCTIONS
Summary
Amends the Illinois Income Tax Act. Creates an income tax deduction in an amount equal to a percentage of the licensing fees, royalties, receipts, and income from a patent issued after December 31, 2008 for an invention resulting from a development process conducted in Illinois. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2009
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2009
Last action Jan 11, 2011
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Jan 11, 2011
House · Failed
Session Sine Die
Mar 13, 2009
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 4, 2009
House · Referred to committee
Assigned to Revenue & Finance Committee
Jan 14, 2009
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Robert F. Flider
DDemocratic
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