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<xml>
<title>Illinois General Assembly - Bill Status for HB 3500   </title>
<shortdesc>INC TX-GREEN BUILDING CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Elga L. Jefferies</sponsors>
</sponsor>
<lastaction>
<statusdate>3/29/2007</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Elga L. Jefferies</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 5/218 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Income Tax Act. Creates a tax credit for taxpayers who construct or renovate a building in the State that obtains a LEED certification. Provides that the credit is in an amount equal to the cost of the construction or renovation that is attributable to obtaining that certification. Provides that the credit may be carried forward for 5 years. Exempts the credit from the Act's sunset provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/27/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Elga L. Jefferies</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/28/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/22/2007</statusdate><chamber>House</chamber><action>Motion Filed - Table Bill Pursuant to Rule 60(b) Rep. Elga L. Jefferies</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/29/2007</statusdate><chamber>House</chamber><action>Motion Prevailed</action>
<statusdate>3/29/2007</statusdate><chamber>House</chamber><action>Tabled By Sponsor Rep. Elga L. Jefferies</action>
</actions>
</xml>

