BOST. (LUECHTEFELD) 35 ILCS 5/211 new Amends the Illinois Income Tax Act. Creates an income tax credit for companies that manufacture air pollution control equipment or continuous emission monitoring systems of 5% of the company's income derived from the manufacture or production of air pollution control equipment or continuous emission monitoring systems if the company locates or is located in a county that has an active, operating coal mine that is financially distressed or has had an active mine close within the last 10 years. HOUSE AMENDMENT NO. 1. Grants the credit to companies that locate or are located in financially distressed counties that have an active, operating coal mine that has reduced its production or has had an active coal mine close within the last 10 years (now, located in counties with a financially distressed coal mine or counties that have had an active coal mine close). Provides that the Department of Commerce and Community Affairs, after consulting with the Department of Employment Security, (now, the Environmental Protection Agency after consulting with DCCA) shall define "financially distressed county". Provides that the credit shall not reduce the company's tax liability to less than zero. 97-01-08 H FILED WITH CLERK 97-01-08 H FIRST READING 97-01-08 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-01-22 H ASSIGNED TO COMMITTEE REVENUE 97-03-13 H AMENDMENT NO. 01-REVENUE H 97-03-13 H ADOPTED 97-03-13 H DO PASS AMENDED/SHORT DEBATE 010-001-000 HREV 97-03-13 H PLACED CALENDAR 2ND READING-SHORT DEBATE 97-03-18 H SECOND READING-SHORT DEBATE 97-03-18 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 97-03-21 H THIRD READING/SHORT DEBATE/PASSED 111-005-000 97-04-09 S ARRIVE IN SENATE 97-04-09 S PLACED CALENDAR ORDER OF FIRST READING 97-04-10 97-04-25 S CHIEF SPONSOR LUECHTEFELD 97-04-25 S FIRST READING 97-04-25 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary