Illinois General Assembly - Bill Status for HB5958
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 Bill Status of HB5958  98th General Assembly

Short Description:  INC TX-ANGEL INVESTMENT CREDIT

House Sponsors
Rep. Sandra M. Pihos

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/220


Synopsis As Introduced
Amends the Illinois Income Tax Act. Raises the limit on angel investment tax credits from $10 million to $20 million in total income tax credits per year. Raises the limit on an applicant's eligible investment from $2 million to $4 million. Effective immediately.

Actions 
DateChamber Action
  2/14/2014HouseFiled with the Clerk by Rep. Sandra M. Pihos
  2/14/2014HouseFirst Reading
  2/14/2014HouseReferred to Rules Committee
  3/6/2014HouseAssigned to Revenue & Finance Committee
  3/11/2014HouseTo Income Tax Subcommittee
  3/28/2014HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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