Illinois General Assembly - Bill Status for HB3844
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 Bill Status of HB3844  99th General Assembly


Short Description:  INC TX-ANGEL CREDIT

House Sponsors
Rep. Elgie R. Sims, Jr. and Frank J. Mautino

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/220


Synopsis As Introduced
Amends the Illinois Income Tax Act. Extends the angel investment credit for taxable years ending on or before December 31, 2021 (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).

Actions 
DateChamber Action
  2/27/2015HouseFiled with the Clerk by Rep. Elgie R. Sims, Jr.
  2/27/2015HouseFirst Reading
  2/27/2015HouseReferred to Rules Committee
  3/5/2015HouseAdded Co-Sponsor Rep. Frank J. Mautino
  3/12/2015HouseAssigned to Revenue & Finance Committee
  3/13/2015HouseTo Income Tax Subcommittee
  3/19/2015HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Elgie R. Sims, Jr.
  3/19/2015HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/23/2015HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  3/27/2015HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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