Bill Status of HB3331 100th General Assembly
Short Description: INC TX-ANGEL CREDIT
Rep. Jaime M. Andrade, Jr.
| 3/31/2017||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Extends the angel investment credit for taxable years ending on or before December 31, 2018 (currently, December 31, 2016). Provides that the aggregate amount of angel investment tax credits shall be limited to $20,000,000 per calendar year (currently, $10,000,000). Effective immediately.