INC TX-ANGEL INVESTMENT CREDIT
Summary
Amends the Illinois Income Tax Act. Raises the limit on angel investment tax credits from $10 million to $20 million in total income tax credits per year. Raises the limit on an applicant's eligible investment from $2 million to $4 million. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2014
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2014
Last action Dec 3, 2014
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Jan 13, 2014
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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