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<xml>
<title>Illinois General Assembly - Bill Status for HB 3913   </title>
<shortdesc>IDOR-LIST OF R AND D CREDITS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Fred Crespo-Michelle Mussman-Jerry F. Costello, II, Jehan A. Gordon, Jack D. Franks and Carol A. Sente</sponsors>
</sponsor>
<lastaction>
<statusdate>2/21/2012</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Fred Crespo</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 2505/2505-430 new</reference><aliasreference></aliasreference><reference>35 ILCS 5/917</reference><aliasreference>from Ch. 120, par. 9-917</aliasreference><SynopsisText>     Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department must prepare an annual report disclosing the identity of each taxpayer who (i) received a research and development credit under the Illinois Income Tax Act during any taxable year ending within the previous 10 calendar years or (ii) carried forward unused research and development credit amounts to any of those taxable years. Contains certain restrictions and prohibitions. Provides that the report must be submitted to the Governor and the General Assembly no later than June 1 of each calendar year and must be posted on the Department's website. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>12/9/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Fred Crespo</action>
<statusdate>12/11/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>12/11/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/13/2011</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. Fred Crespo</action>
<statusdate>1/5/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jehan A. Gordon</action>
<statusdate>1/5/2012</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Michelle Mussman</action>
<statusdate>1/5/2012</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jerry F. Costello, II</action>
<statusdate>2/21/2012</statusdate><chamber>House</chamber><action>Motion Prevailed by Voice Vote</action>
<statusdate>2/21/2012</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Fred Crespo</action>
<statusdate>3/1/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>3/7/2012</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Carol A. Sente</action>
</actions>
</xml>

