Bill Title: Amends the Illinois Income Tax Act. Provides that, beginning with taxable years ending on or after December 31, 2011 and ending with taxable years ending on or before December 31, 2016, an amount equal to 5% of the first $50,000 of retail sales by the taxpayer during the taxable year of Illinois agricultural products certified by the Illinois Department of Agriculture under the "Illinois Product" label program.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB3247 Detail]

Text: Latest bill text (Introduced) [HTML]

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