INC TX-R & D CREDIT Senate SponsorsSen. Matt Murphy-Dave Syverson-Frank C. Watson-J. Bradley Burzynski-Chris Lauzen, Dale A. Righter, John O. Jones, Dan Cronin, Randall M. Hultgren, Kirk W. Dillard, Gary G. Dahl and Dan Rutherford 1/13/2009SenateSession Sine Die 35 ILCS 5/201from Ch. 120, par. 2-201Amends the Illinois Income Tax Act. Increases the amount of the research and development credit from 6.5% to 8% of the qualifying expenditures for increasing research activities in this State for taxable years ending on or after December 31, 2007. effective immediately. 2/9/2007SenateFiled with Secretary by Sen. Matt Murphy 2/9/2007SenateChief Co-Sponsor Sen. Dave Syverson 2/9/2007SenateChief Co-Sponsor Sen. Frank C. Watson 2/9/2007SenateChief Co-Sponsor Sen. J. Bradley Burzynski 2/9/2007SenateChief Co-Sponsor Sen. Chris Lauzen 2/9/2007SenateCo-Sponsor Sen. Dale A. Righter 2/9/2007SenateCo-Sponsor Sen. John O. Jones 2/9/2007SenateCo-Sponsor Sen. Dan Cronin 2/9/2007SenateCo-Sponsor Sen. Randall M. Hultgren 2/9/2007SenateCo-Sponsor Sen. Kirk W. Dillard 2/9/2007SenateCo-Sponsor Sen. Gary G. Dahl 2/9/2007SenateFirst Reading 2/9/2007SenateReferred to Rules 3/5/2007SenateAdded as Co-Sponsor Sen. Dan Rutherford 1/13/2009SenateSession Sine Die