IL HB3331 | 2017-2018 | 100th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Extends the angel investment credit for taxable years ending on or before December 31, 2018 (currently, December 31, 2016). Provides that the aggregate amount of angel investment tax credits shall be limited to $20,000,000 per calendar year (currently, $10,000,000). Effective immediately.
Title
INC TX-ANGEL CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-08 | House | Session Sine Die |
| 2017-03-31 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2017-03-09 | House | To Growth, Reform & Fairness Subcommittee |
| 2017-02-22 | House | Assigned to Revenue & Finance Committee |
| 2017-02-10 | House | Referred to Rules Committee |
| 2017-02-10 | House | First Reading |
| 2017-02-09 | House | Filed with the Clerk by Rep. Jaime M. Andrade, Jr. |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 220 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3331&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
| Text | https://www.ilga.gov/legislation/100/HB/10000HB3331.htm |
