Illinois General Assembly - Bill Status for HB1875

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Bill Status of HB1875 97th General Assembly

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Short Description: INC TX-ANGEL INVESTMENT CREDIT

House Sponsors
Rep. Tom Cross

Last Action

Date	Chamber	Action
1/8/2013	House	Session 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

Date	Chamber	Action
2/16/2011	House	Filed with the Clerk by Rep. Tom Cross
2/16/2011	House	First Reading
2/16/2011	House	Referred to Rules Committee
2/22/2011	House	Assigned to Revenue & Finance Committee
3/17/2011	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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