INC TX-ANGEL CREDIT
Summary
Amends the Illinois Income Tax Act. Extends the angel investment credit for taxable years ending on or before December 31, 2021 (currently, December 31, 2016). Provides that the aggregate amount of angel investment tax credits shall be limited to $20,000,000 per calendar year (currently, $10,000,000).
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2015
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2015
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
0
Committee
5
Jan 10, 2017
Senate · Failed
Session Sine Die
Oct 10, 2015
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Mar 27, 2015
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As April 24, 2015
Mar 5, 2015
Senate · Reported by committee
To Subcommittee on Tax Credits
Feb 25, 2015
Senate · Referred to committee
Assigned to Revenue
Feb 17, 2015
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Daniel Biss
DDemocratic
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