HB3661 - 104th General Assembly

DCEO-QUANTUM INFORMATION
Last Action

03/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors

Rep. Dagmara Avelar
Statutes Amended In Order of Appearance

20 ILCS 605/605-1118 new
35 ILCS 5/246 new
Synopsis As Introduced

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall award income tax credits in an amount equal to 13% of the qualifying quantum information science expenditures made by the taxpayer during the taxable year. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.
Actions

Date Chamber Action
02/07/2025 House Filed with the Clerk by Rep. Dagmara Avelar
02/18/2025 House First Reading
02/18/2025 House Referred to Rules Committee
03/11/2025 House Assigned to Revenue & Finance Committee
03/13/2025 House To Income Tax Subcommittee
03/21/2025 House Rule 19(a) / Re-referred to Rules Committee