Bill Sponsors: IL HB1875 | 2011-2012 | 97th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Raises the limit on angel investment tax credits from $10 million to $20 million in total income tax credits per year. Raises the limit on an applicant's eligible investment from $2 million to $4 million. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB1875 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Tom Cross [R]PrimarySponsored BillsHD-097FollowTheMoneyBallotpediaVoteSmart

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