Illinois General Assembly - Bill Status for HB0435
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 Bill Status of HB0435  102nd General Assembly


Short Description:  EDGE-TRANSFER CREDIT

House Sponsors
Rep. Mark L. Walker, Tony McCombie and Thomas M. Bennett

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
35 ILCS 10/5-45


Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the recipient of a credit under the Act may apply for a certificate of transferability of credit from the Department of Commerce and Economic Opportunity for the amount of the credit not previously claimed. Provides that the transferability certificate may be transferred or sold by the recipient to another Illinois taxpayer. Makes other changes.

Actions 
DateChamber Action
  2/1/2021HouseFiled with the Clerk by Rep. Mark L. Walker
  2/8/2021HouseFirst Reading
  2/8/2021HouseReferred to Rules Committee
  2/11/2021HouseAdded Co-Sponsor Rep. Tony McCombie
  2/18/2021HouseAdded Co-Sponsor Rep. Thomas M. Bennett
  3/2/2021HouseAssigned to Revenue & Finance Committee
  3/11/2021HouseTo Income Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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