Date	Chamber	Action
1/26/2006	House	Referred to Rules Committee

Statutes Amended In Order of Appearance

35 ILCS 5/216 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides for a credit for taxpayers who, during the taxable year, install, on a building or property that is owned by the taxpayer and that is located in the State, a geothermal, solar, wind, or fuel cell energy device and sets the amount of the credit at the lesser of (i) $1,500 or (ii) 20% of the actual cost of the acquisition and installation of the device. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.

Actions 

Date	Chamber	Action
1/26/2006	House	Filed with the Clerk by Rep. Carolyn H. Krause
1/26/2006	House	First Reading
1/26/2006	House	Referred to Rules Committee
2/7/2006	House	Added Chief Co-Sponsor Rep. Sidney H. Mathias

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