Bill Status of HB 5793   97th General Assembly


Short Description:  INC TX-ANGEL INVESTMENT CREDIT

House Sponsors
Rep. Richard Morthland-Thomas Morrison-Mike Bost

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/220

Synopsis As Introduced
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.

Actions 
DateChamber Action
  2/16/2012HouseFiled with the Clerk by Rep. Richard Morthland
  2/16/2012HouseFirst Reading
  2/16/2012HouseReferred to Rules Committee
  2/27/2012HouseAssigned to Revenue & Finance Committee
  2/28/2012HouseAdded Chief Co-Sponsor Rep. Thomas Morrison
  2/28/2012HouseAdded Chief Co-Sponsor Rep. Mike Bost
  3/9/2012HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

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