SB 163 — INC TX-R AND D CREDIT
Last action — Rule 3-9(a) / Re-referred to Assignments
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 103rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year in the base period (instead of 100% of the average of the qualifying expenditures for each year in the base period). Provides that the research and development credit applies on a permanent basis. Effective immediately.
Bill Text
- Introduced View text Current pdf
Action History
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Rule 3-9(a) / Re-referred to Assignments
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Added as Co-Sponsor Sen. Neil Anderson
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Re-assigned to Revenue
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Added as Co-Sponsor Sen. Craig Wilcox
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Added as Co-Sponsor Sen. Win Stoller
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Added as Co-Sponsor Sen. Dave Syverson
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Added as Co-Sponsor Sen. Sally J. Turner
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Added as Co-Sponsor Sen. Dale Fowler
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Rule 3-9(a) / Re-referred to Assignments
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Assigned to Revenue
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Donald P. DeWitte
Sponsors
- Donald P. DeWitte · Primary
- Sally J. Turner · Cosponsor
- Dave Syverson · Cosponsor
- Win Stoller · Cosponsor
- Craig Wilcox · Cosponsor
- Neil Anderson · Cosponsor
- Dale Fowler · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 6 co-sponsors · 176 not signed on
Sponsors (1)
- Donald P. DeWitte Republican
Co-sponsors (6)
- Sally J. Turner Republican
- Dave Syverson Republican
- Win Stoller
- Craig Wilcox Republican
- Neil Anderson Republican
- Dale Fowler Republican
Not signed on (176)
176 members have not signed on to this bill.
Show all 176 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 163 do?
- Amends the Illinois Income Tax Act. Increases the research and development credit by providing that the increase in research and development activities shall be based on an increase over 50% of the average of the qualifying expenditures for each year in the base period (instead of 100% of the average of the qualifying expenditures for each year in the base period). Provides that the research and development credit applies on a permanent basis. Effective immediately.
- Who sponsors SB 163?
- SB 163 is sponsored by Donald P. DeWitte (Republican), Sally J. Turner (Republican), Dave Syverson (Republican), Win Stoller, Craig Wilcox (Republican), Neil Anderson (Republican), and Dale Fowler (Republican).
- What is the current status of SB 163?
- This bill died with 103rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 163?
- Track SB 163 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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