HB 435 Illinois House · 102nd Regular Session

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

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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