HB 5543 Illinois House · 94th Regular Session

INC TX-ALT VEHICLE CREDIT

Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for individual taxpayers in an amount equal to the taxpayer's federal income tax credit for alternative motor vehicles. Provides that the credit may not be carried forward or back and may not reduce the taxpayer's liability to less than zero. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2006
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2006 Last action Jan 9, 2007
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 9, 2007
House · Failed
Session Sine Die
Jan 27, 2006
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Elizabeth Coulson
Elizabeth Coulson
RRepublican
IL
17