Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 5/218 new

Synopsis As Introduced
Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers who are wind turbine manufacturers equal to 30% of the Illinois income tax attributable to income from the sale of wind turbines. A taxpayer may claim the credit for only one taxable year. Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried back, but may be carried forward and applied to the tax liability of the 3 taxable years following the excess credit year. Effective immediately.

Actions 

Date	Chamber	Action
2/23/2009	House	Filed with the Clerk by Rep. Tom Cross
2/24/2009	House	First Reading
2/24/2009	House	Referred to Rules Committee
3/2/2009	House	Chief Sponsor Changed to Rep. Bill Mitchell
3/3/2009	House	Assigned to Revenue & Finance Committee
3/13/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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