INC TX-ANGEL INVESTMENT
Summary
Amends the Illinois Income Tax Act. Provides that the angel investment credit applies for taxable years ending on or before December 31, 2021 (instead of December 31, 2016). Makes changes concerning the annual report submitted by the Department of Commerce and Economic Opportunity to the Governor and the General Assembly. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2016
Committee Review
Floor Vote
Governor
Introduced Feb 17, 2016
Last action Jan 10, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
4
Jan 10, 2017
Senate · Failed
Session Sine Die
Apr 8, 2016
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 10, 2016
Senate · Reported by committee
To Subcommittee on Tax Credits
Feb 24, 2016
Senate · Referred to committee
Assigned to Revenue
Feb 17, 2016
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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