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SB 2458

Illinois - Session 104

Senate in_committee 2025-06-02
Bill Details

Title: DCEO-QUANTUM INFORMATION

Summary

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.

Sponsor
Mark L. Walker
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-07 Introduced Bill introduced
2025-06-02 Status in_committee
2025-06-02 Latest Action 6/02/2025 - Senate:
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