Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/203

from Ch. 120, par. 2-203

35 ILCS 5/218 new

35 ILCS 5/219 new

35 ILCS 105/3-5

from Ch. 120, par. 439.3-5

35 ILCS 110/3-5

from Ch. 120, par. 439.33-5

35 ILCS 115/3-5

from Ch. 120, par. 439.103-5

35 ILCS 120/2-5

from Ch. 120, par. 441-5

Synopsis As Introduced
Amends the Illinois Income Tax Act. Allows taxpayers to deduct from their base income an amount equal to the lesser of $1,500 or 10% of the purchase price of a flexible-fuel vehicle purchased during the taxable year. Sets forth requirements for the deduction. Creates a credit, for taxpayers who are motor-fuel retailers who purchase and install storage and dispensing equipment for alternative fuel. Sets forth the amounts of the credit, including maximum aggregate amounts for all credits. Provides that the credit may be transferred. Provides that the credit may be carried forward for 2 years. Creates a credit for taxpayers who purchase at least 250 gallons of E85 motor fuel. Sets forth the amounts of the credit, including maximum aggregate amounts for all credits. Provides that the credit is refundable. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Exempts flexible-fuel vehicles from taxation under the Acts. Effective immediately.

Actions 

Date	Chamber	Action
2/22/2007	House	Filed with the Clerk by Rep. Arthur L. Turner
2/22/2007	House	First Reading
2/22/2007	House	Referred to Rules Committee
2/27/2007	House	Assigned to Revenue Committee
3/23/2007	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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