Bill Status of HB 4155   102nd General Assembly


Short Description:  INC TX-ELECTRIC VEHICLE CREDIT

House Sponsors
Rep. Dave Vella and Maurice A. West, II

Last Action  View All Actions

DateChamber Action
  1/10/2023HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/232 new
35 ILCS 5/233 new
35 ILCS 5/234 new
35 ILCS 5/235 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates the following credits for taxpayers who manufacture electric vehicles, batteries for electric vehicles, or both: (1) a credit for capital expenditures for electric vehicle facilities or electric vehicle battery facilities; (2) a credit for educational or vocational training; and (3) a credit for qualified utility payments. Creates a credit for certain automobile manufacturers in an amount equal to 75% of withholding payments for new employees. Effective immediately.

Actions 
DateChamber Action
  9/27/2021HouseFiled with the Clerk by Rep. Dave Vella
  10/19/2021HouseFirst Reading
  10/19/2021HouseReferred to Rules Committee
  2/9/2022HouseAssigned to Revenue & Finance Committee
  2/15/2022HouseTo Income Tax Subcommittee
  2/18/2022HouseRule 19(a) / Re-referred to Rules Committee
  4/1/2022HouseAdded Co-Sponsor Rep. Maurice A. West, II
  1/10/2023HouseSession Sine Die

Back To Top