INC TX-CREDITS House SponsorsRep. Kelly M. Cassidy-Ann Williams-Mike Smiddy 12/3/2014HouseSession Sine Die 35 ILCS 5/255 new35 ILCS 5/260 new Amends the Illinois Income Tax Act. Provides that no corporate entity may claim an income tax credit, deduction, or exemption that is created by an Act of the General Assembly that first takes effect on or after the effective date of this amendatory Act of the 98th General Assembly. Provides that no credit, deduction, or exemption that is available to corporate entities on the effective date of this amendatory Act of the 98th General Assembly may be expanded by an Act of the General Assembly or by a rule adopted by a State agency. Creates a Corporate Tax Incentive Accountability Commission. Effective immediately. 2/13/2014HouseFiled with the Clerk by Rep. Kelly M. Cassidy 2/14/2014HouseAdded Chief Co-Sponsor Rep. Ann Williams 2/14/2014HouseFirst Reading 2/14/2014HouseReferred to Rules Committee 3/3/2014HouseAssigned to Revenue & Finance Committee 3/11/2014HouseTo Income Tax Subcommittee 3/21/2014HouseAdded Chief Co-Sponsor Rep. Mike Smiddy 3/28/2014HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die