Illinois General Assembly - Bill Status for HB5285

Synopsis As Introduced
Amends the Illinois Income Tax Act. Creates a credit equal to 5% of the cost of motor fuel purchased in the State by the taxpayer during the taxable year for the operation of a commercial vehicle that has 2 or more axles. 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

Date	Chamber	Action
1/25/2006	House	Filed with the Clerk by Rep. Rosemary Mulligan
1/25/2006	House	First Reading
1/25/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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