Bill Status of HB4312  94th General Assembly


House Sponsors
Rep. Carolyn H. Krause - Sidney H. Mathias - Paul D. Froehlich - Sandra M. Pihos - Patricia R. Bellock and Robert W. Pritchard

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/216 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that each individual taxpayer who, during the taxable year, purchases and installs a certified energy-efficient appliance is entitled to an income credit in an amount equal to the lesser of: (i) $0.48 per average first-year kilowatt hours saved, or the equivalent for other fuel saved, as estimated by the Department of Commerce and Economic Opportunity; or (ii) $1,200, but, in no case, however, may the credit exceed 25% of the cost of the appliance. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Provides that "energy-efficient appliance" means any clothes washer, clothes dryer, water heater, refrigerator, freezer, dishwasher, appliance designed to heat or cool a dwelling, or other major household appliance that, according to the standards set forth under the federal Energy Guide, has premium energy-efficient characteristics. Effective immediately.

DateChamber Action
  12/27/2005HouseFiled with the Clerk by Rep. Carolyn H. Krause
  1/4/2006HouseFirst Reading
  1/4/2006HouseReferred to Rules Committee
  1/12/2006HouseAdded Chief Co-Sponsor Rep. Sidney H. Mathias
  1/12/2006HouseAdded Chief Co-Sponsor Rep. Paul D. Froehlich
  1/12/2006HouseAdded Chief Co-Sponsor Rep. Sandra M. Pihos
  1/18/2006HouseAdded Chief Co-Sponsor Rep. Patricia R. Bellock
  1/19/2006HouseAdded Co-Sponsor Rep. Robert W. Pritchard
  1/9/2007HouseSession Sine Die