INC TAX-INVESTMENT CREDIT
Summary
Amends the Illinois Income Tax Act. Provides that, with respect to the investment credit, the basis of qualified property shall not include costs incurred after December 31, 2008 (now, 2003), except for costs incurred pursuant to a binding contract entered into on or before December 31, 2008 (now, 2003). Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2004
Committee Review
Apr 2004
House Passage
May 2004
Senate Passage
May 2004
Signed into Law
Aug 2004
Introduced Mar 25, 2004
Signed Aug 6, 2004
Floor votes · Senate May 11, 2004 · House Mar 25, 2004
How they voted
53–0
Passed · 3 other
Total votes 56
May 11, 2004
D
Democratic30
96% Yea
R
Republican26
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
6
Committee
6
Aug 6, 2004
Signed into law
Governor Approved
lower
May 11, 2004
Lower · Passed
Passed Both Houses
lower
May 11, 2004
Senate · Passed
Senate Vote: pass (53-0-3)
senate
Apr 22, 2004
Upper · Passed
Do Pass Revenue; 008-001-000
upper
Apr 15, 2004
Committee
Assigned to Revenue
upper
Mar 31, 2004
Committee
Referred to Rules
upper
Mar 25, 2004
Introduced
Arrive in Senate
upper
Mar 25, 2004
House · Passed
House Vote: pass (94-13-8)
house
Mar 4, 2004
Lower · Passed
Do Pass / Short Debate Revenue Committee; 009-000-000
lower
Feb 18, 2004
Committee
Assigned to Revenue Committee
lower
Feb 4, 2004
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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