Illinois General Assembly - Bill Status for HB5543
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 Bill Status of HB5543  94th General Assembly


Short Description:  INC TX-ALT VEHICLE CREDIT

House Sponsors
Rep. Elizabeth Coulson

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. Creates an income tax credit for individual taxpayers in an amount equal to the taxpayer's federal income tax credit for alternative motor vehicles. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.

Actions 
DateChamber Action
  1/27/2006HouseFiled with the Clerk by Rep. Elizabeth Coulson
  1/27/2006HouseFirst Reading
  1/27/2006HouseReferred to Rules Committee
  1/9/2007HouseSession Sine Die

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