IL SB3723 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates a credit for taxpayers who make a purchase of green power during the taxable year. Provides that the credit shall be in an amount equal to 5% of the amount expended if the taxpayer is a purchaser of Illinois-based green power and 3% of the amount expended if the taxpayer is a purchaser of green power from a source outside of Illinois. Defines "green power" as electricity or natural gas produced from renewable or non-polluting technologies including, but not limited to, air turbines (windmills), geothermal power plants, hydropower plants, solar cells or biomass. Effective immediately.
Title
INC TX-CREDIT FOR GREEN POWER
Sponsors
Sen. Don Harmon [D] |
History
Date | Chamber | Action |
---|---|---|
2013-01-08 | Senate | Session Sine Die |
2012-07-01 | Senate | Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b). |
2012-07-01 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
2012-05-23 | Senate | Senate Floor Amendment No. 2 Postponed - Revenue |
2012-05-17 | Senate | Senate Floor Amendment No. 2 Assignments Refers to Revenue |
2012-05-17 | Senate | Senate Floor Amendment No. 2 Referred to Assignments |
2012-05-17 | Senate | Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon |
2012-05-11 | Senate | Rule 2-10 Third Reading Deadline Established As May 25, 2012 |
2012-05-02 | Senate | Placed on Calendar Order of 2nd Reading May 3, 2012 |
2012-05-02 | Senate | Do Pass as Amended Revenue; 006-003-000 |
2012-05-02 | Senate | Senate Committee Amendment No. 1 Adopted |
2012-05-02 | Senate | Reported Back To Revenue; 002-000-001 |
2012-05-02 | Senate | Senate Committee Amendment No. 1 Reported Back To Revenue; 003-000-000 |
2012-04-26 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As May 11, 2012 |
2012-03-30 | Senate | Rule 2-10 Committee/3rd Reading Deadline Established As April 26, 2012 |
2012-03-09 | Senate | Rule 2-10 Committee Deadline Established As March 30, 2012 |
2012-03-08 | Senate | To Revenue Subcommittee on Tax Credits |
2012-03-08 | Senate | Senate Committee Amendment No. 1 To Revenue Subcommittee on Tax Credits |
2012-03-06 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Revenue |
2012-03-02 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
2012-03-02 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon |
2012-02-24 | Senate | Assigned to Revenue |
2012-02-10 | Senate | Referred to Assignments |
2012-02-10 | Senate | First Reading |
2012-02-10 | Senate | Filed with Secretary by Sen. Don Harmon |