Bill Status of HB1089  97th General Assembly

Short Description:  EFFICIENT GREEN IL TAX CREDIT

House Sponsors
Rep. Thomas Holbrook - Daniel Biss - Karen May - Eddie Lee Jackson, Sr. - Kenneth Dunkin, Carol A. Sente, Ann Williams, Joseph M. Lyons, Deborah Mell, Jack McGuire, Michelle Mussman and Robert Rita

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
35 ILCS 5/221 new


Synopsis As Introduced
Creates the Efficient and Green Illinois Tax Credit Act. Authorizes the Department of Commerce and Economic Opportunity to award income tax credits based on 25% of the cost of qualifying expenditures for energy efficient projects, such as solar energy equipment, Energy Star certified heat pumps, lighting retrofit projects, and wind equipment. Authorizes the Department to adopt rules. Provides that the credit may be carried forward for up to 5 taxable years. Amends the Illinois Income Tax Act to make conforming changes. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Actions 
DateChamber Action
  2/4/2011HouseFiled with the Clerk by Rep. Thomas Holbrook
  2/4/2011HouseFirst Reading
  2/4/2011HouseReferred to Rules Committee
  2/8/2011HouseAssigned to Revenue & Finance Committee
  2/9/2011HouseAdded Chief Co-Sponsor Rep. Daniel Biss
  2/22/2011HouseAdded Chief Co-Sponsor Rep. Karen May
  2/23/2011HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Thomas Holbrook
  2/23/2011HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  2/23/2011HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. Thomas Holbrook
  2/23/2011HouseHouse Committee Amendment No. 2 Referred to Rules Committee
  2/24/2011HouseAdded Chief Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  2/24/2011HouseAdded Chief Co-Sponsor Rep. Kenneth Dunkin
  2/28/2011HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  2/28/2011HouseHouse Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee
  3/3/2011HouseAdded Co-Sponsor Rep. Carol A. Sente
  3/3/2011HouseAdded Co-Sponsor Rep. Ann Williams
  3/3/2011HouseAdded Co-Sponsor Rep. Joseph M. Lyons
  3/3/2011HouseAdded Co-Sponsor Rep. Deborah Mell
  3/3/2011HouseAdded Co-Sponsor Rep. Jack McGuire
  3/10/2011HouseAdded Co-Sponsor Rep. Michelle Mussman
  3/11/2011HouseAdded Co-Sponsor Rep. Robert Rita
  3/17/2011HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
  3/17/2011HouseHouse Committee Amendment No. 2 Tabled Pursuant to Rule 40
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die