HB 4155 Illinois House · 102nd Regular Session

INC TX-ELECTRIC VEHICLE CREDIT

Summary
Amends the Illinois Income Tax Act. Creates the following credits for taxpayers who manufacture electric vehicles, batteries for electric vehicles, or both: (1) a credit for capital expenditures for electric vehicle facilities or electric vehicle battery facilities; (2) a credit for educational or vocational training; and (3) a credit for qualified utility payments. Creates a credit for certain automobile manufacturers in an amount equal to 75% of withholding payments for new employees. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Sep 2021
Committee Review
Floor Vote
Governor
Introduced Sep 27, 2021 Last action Jan 10, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
8
Key actions
1
Committee
4
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Feb 9, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Oct 19, 2021
Committee
Referred to Rules Committee
lower
1 primary · 1 co-sponsor

Sponsors