HB4513

INC TX-R AND D CREDIT

Introduced·1/21/26
Introduced Text

Illinois HB4513 amends the Illinois Income Tax Act to establish various tax credits for different activities and investments.

HB4513 amends the Illinois Income Tax Act to introduce several tax credits. These include credits for research and development activities, environmental remediation, education expenses, and investments in qualified property within Enterprise Zones or River Edge Redevelopment Zones. The bill also includes provisions for credits related to job creation, training expenses, and the sale or exchange of assets by certain gaming licensees.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Rules Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

Calendar

Mar 26

8:00 AM

House Revenue & Finance Committee Hearing

Mar 26

8:01 AM

House Income Tax Subcommittee Committee Hearing

History

Mar 27

House

Rule 19(a) / Re-referred to Rules Committee

Feb 26

House

To Tax Policy: Other Taxes Subcommittee

Feb 11

House

Assigned to Revenue & Finance Committee