INC TX-BEER&WINE MAKING CRED
Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for Illinois licensed wine manufacturers and craft brewers in an amount equal to 50% of the qualified costs incurred by a qualified taxpayer during the taxable year, not to exceed $1,500. Provides that the tax credit shall be awarded on the basis of costs related to the purchase of crops used in the manufacture of beer or wine that are grown and harvested in Illinois. Defines terms. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 3, 2022
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
2
Committee
7
Amendments
1
Feb 18, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 18, 2022
Committee
House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
lower
Feb 15, 2022
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
Feb 14, 2022
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 14, 2022
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Thomas M. Bennett
lower
Feb 3, 2022
Lower · Passed
To Income Tax Subcommittee
lower
Jan 25, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 5, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tom Bennett
RRepublican
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