Illinois Offers Tax Breaks on Investments in Quantum Computing

The Illinois House advanced legislation facilitating Gov. J.B. Pritizker’s ambitions to build a major quantum computing research campus in the state when it passed a bill offering tax incentives to businesses investing in the technology.

Lawmakers approved H.B. 817 by a vote of 98-14 Wednesday. The proposed law offers a menu of tax credits and exemptions to businesses making significant investments in quantum computing, a rapidly emerging field in which computer hardware and algorithms leverage quantum mechanics to solve complex technical problems that conventional computers can’t address or can’t address quickly.

“We want Illinois to be the hub for ...