INC TX-EDGE CARRYFORWARD
Summary
Amends the Illinois Income Tax Act. Provides that the Economic Development for a Growing Economy Tax Credit may be carried forward for 15 (currently, 5) taxable years following the excess credit year. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Jan 10, 2023
Senate · Failed
Session Sine Die
Apr 16, 2021
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 16, 2021
Senate · Referred to committee
Assigned to Revenue
Feb 26, 2021
Senate · Referred to committee
Referred to Assignments
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Cristina Castro
DDemocratic
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