Illinois General Assembly - Bill Status for HB5378

Synopsis As Introduced
Creates the Rural Job Creation Tax Credit Act. Provides that a taxpayer may claim a nonrefundable income tax credit for rural job creation equal to a percentage of the taxpayer's purchase of an equity interest in a rural investment company or purchase of a debt instrument issued by the rural investment company. Effective immediately.

Actions

Date	Chamber	Action
2/14/2020	House	Filed with the Clerk by Rep. Dave Severin
2/14/2020	House	Chief Co-Sponsor Rep. Terri Bryant
2/14/2020	House	Chief Co-Sponsor Rep. Patrick Windhorst
2/14/2020	House	Chief Co-Sponsor Rep. Avery Bourne
2/18/2020	House	First Reading
2/18/2020	House	Referred to Rules Committee
1/13/2021	House	Session Sine Die

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