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SB 3723 Illinois Senate · 97th Regular Session

INC TX-CREDIT FOR GREEN POWER

Summary
Amends the Illinois Income Tax Act. Creates a credit for taxpayers who make a purchase of green power during the taxable year. Provides that the credit shall be in an amount equal to 5% of the amount expended if the taxpayer is a purchaser of Illinois-based green power and 3% of the amount expended if the taxpayer is a purchaser of green power from a source outside of Illinois. Defines "green power" as electricity or natural gas produced from renewable or non-polluting technologies including, but not limited to, air turbines (windmills), geothermal power plants, hydropower plants, solar cells or biomass. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2012 Last action Jan 8, 2013
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
25
Key actions
7
Committee
12
Amendments
5
Jul 1, 2012
Committee
Senate Floor Amendment No. 2 Re-referred to Assignments; Pursuant to Senate Rule 3-9(b).
upper
Jul 1, 2012
Committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
upper
May 23, 2012
Introduced
Senate Floor Amendment No. 2 Postponed - Revenue
upper
May 17, 2012
Introduced
Senate Floor Amendment No. 2 Assignments Refers to Revenue
upper
May 17, 2012
Committee
Senate Floor Amendment No. 2 Referred to Assignments
upper
May 17, 2012
Introduced
Senate Floor Amendment No. 2 Filed with Secretary by Sen. Don Harmon
upper
May 2, 2012
Upper · Passed
Do Pass as Amended Revenue; 006-003-000
upper
May 2, 2012
Upper · Passed
Senate Committee Amendment No. 1 Adopted
upper
May 2, 2012
Upper · Passed
Senate Committee Amendment No. 1 Reported Back To Revenue; 003-000-000
upper
Mar 9, 2012
Upper · Passed
Rule 2-10 Committee Deadline Established As March 30, 2012
upper
Mar 8, 2012
Upper · Passed
To Revenue Subcommittee on Tax Credits
upper
Mar 8, 2012
Upper · Passed
Senate Committee Amendment No. 1 To Revenue Subcommittee on Tax Credits
upper
Mar 6, 2012
Upper · Passed
Senate Committee Amendment No. 1 Assignments Refers to Revenue
upper
Mar 2, 2012
Committee
Senate Committee Amendment No. 1 Referred to Assignments
upper
Mar 2, 2012
Introduced
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
upper
Feb 24, 2012
Committee
Assigned to Revenue
upper
Feb 10, 2012
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

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