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
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.