IL HB3844 | 2015-2016 | 99th General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 27 2015 - 25% progression, died in committee
Action: 2015-03-27 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 27 2015 - 25% progression, died in committee
Action: 2015-03-27 - House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
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, 2021 (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).
Title
INC TX-ANGEL CREDIT
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-27 | House | House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee |
| 2015-03-27 | House | Rule 19(a) / Re-referred to Rules Committee |
| 2015-03-23 | House | House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee |
| 2015-03-19 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2015-03-19 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Elgie R. Sims, Jr. |
| 2015-03-13 | House | To Income Tax Subcommittee |
| 2015-03-12 | House | Assigned to Revenue & Finance Committee |
| 2015-03-05 | House | Added Co-Sponsor Rep. Frank J. Mautino |
| 2015-02-27 | House | Referred to Rules Committee |
| 2015-02-27 | House | First Reading |
| 2015-02-27 | House | Filed with the Clerk by Rep. Elgie R. Sims, Jr. |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 35 | 5 | 220 | Amended Code | Citation Text |
