Illinois General Assembly - Bill Status for HB3849
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 Bill Status of HB3849  99th General Assembly


Short Description:  INC TX-ANGEL INVESTMENT CREDIT

House Sponsors
Rep. Elgie R. Sims, Jr.

Last Action
DateChamber Action
  1/10/2017HouseSession 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
  2/27/2015HouseFiled with the Clerk by Rep. Elgie R. Sims, Jr.
  2/27/2015HouseFirst Reading
  2/27/2015HouseReferred to Rules Committee
  3/12/2015HouseAssigned to Revenue & Finance Committee
  3/13/2015HouseTo Income Tax Subcommittee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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