Bill Status of HB 3770   96th General Assembly


Short Description:  CLEAN TECHNOLOGY ACT

House Sponsors
Rep. Fred Crespo

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.719 new

Synopsis As Introduced
Creates the Clean Energy Technology Business Promotion Act. Provides that the incremental income tax attributable to a employees of an individual, partnership, corporation, or other entity that (i) derives at least 75% of its business activity during the taxable year directly from clean energy technology, and (ii) employs between 10 and 99 full-time employees shall be deposited into the Intermodal Facilities Promotion Fund. Provides that moneys in the Fund shall be used by the Department of Commerce and Economic Opportunity to make grants to the eligible employers. Sets limits on the grant amounts. Effective immediately.

Actions 
DateChamber Action
  2/25/2009HouseFiled with the Clerk by Rep. Fred Crespo
  2/25/2009HouseFirst Reading
  2/25/2009HouseReferred to Rules Committee
  3/3/2009HouseAssigned to Revenue & Finance Committee
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/27/2010HouseAssigned to Revenue & Finance Committee
  3/15/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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