House Sponsors: BOST. Senate Sponsors: LUECHTEFELD Short description: INC-TX-POLLUTION CONTROL CREDT Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status