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SB 1591: Illinois R&D Tax Credit Extension (Passed, Signed by Governor)

by John Conrad | Jun 24, 2019 | 2019 State Issue

The Illinois R&D Tax Credit was created in 1990 under Governor Jim Edger. When it was introduced the credit was designed to sunset and required regular extensions. Unfortunately over the years the credit was not effectively extended in time to avoid the credit...
SB1608 – State SBIR Matching Program (Did not Pass During Session)

SB1608 – State SBIR Matching Program (Did not Pass During Session)

by John Conrad | Jun 24, 2019 | 2019 State Issue, Grants

Working with Senator Elgie Sims and the Illinois Department of Commerce and Economic Opportunity, iBIO introduced SB1608 to update and modernize Illinois’ SBIR State Matching Program. The bill passed unanimously out of the Senate, and was supported by Illinois...
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