EDGE-TRANSFER CREDIT
Summary
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the recipient of a credit under the Act may apply for a certificate of transferability of credit from the Department of Commerce and Economic Opportunity for the amount of the credit not previously claimed. Provides that the transferability certificate may be transferred or sold by the recipient to another Illinois taxpayer. Makes other changes.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 1, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
4
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 11, 2021
Lower · Passed
To Income Tax Subcommittee
lower
Mar 2, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Feb 8, 2021
Committee
Referred to Rules Committee
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mark Walker
DDemocratic
Co
Tom Bennett
RRepublican
Co
Tony McCombie
RRepublican
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