In CommitteeFiled Feb 6, 2026
Sponsor: Donald P. DeWitte (R)
Latest Action
Referred to Assignments
Feb 6, 2026
Summary
The bill amends the Illinois Income Tax Act so the existing R&D tax credit no longer expires and applies indefinitely, starting right away. It benefits businesses and other taxpayers that claim the credit by giving them certainty for future tax planning. The change is intended to encourage continued investment in innovation across the state.
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