Bill Status of HB 3397   98th General Assembly


Short Description:  INC TX-ANGEL INVESTMENT CREDIT

House Sponsors
Rep. Thomas Morrison-Dwight Kay

Last Action  View All Actions

DateChamber Action
  12/3/2014HouseSession 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
  2/26/2013HouseFiled with the Clerk by Rep. Thomas Morrison
  2/26/2013HouseFirst Reading
  2/26/2013HouseReferred to Rules Committee
  3/11/2013HouseAdded Chief Co-Sponsor Rep. Dwight Kay
  3/11/2013HouseAssigned to Revenue & Finance Committee
  3/22/2013HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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