Illinois General Assembly - Bill Status for HB5533

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Bill Status of HB5533 94th General Assembly

Full Text Votes Witness Slips View All Actions Printer-Friendly Version

Short Description: INC TX-ETHANOL FUEL PUMP CR

House Sponsors
Rep. Roger L. Eddy

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/217 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a $10,000 tax credit for each motor fuel retailer who installs one or more new E85 ethanol fuel dispensing pumps at his or her motor fuel retail store in Illinois during the taxable year. Provides that the credit applies to taxable years ending on or after December 31, 2006 and on or before December 30, 2009. Limits the pump credit to one year. Provides that the credits may not reduce the taxpayer's liability to less than zero. Effective January 1, 2007.

Actions

Date	Chamber	Action
1/27/2006	House	Filed with the Clerk by Rep. Roger L. Eddy
1/27/2006	House	First Reading
1/27/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

×