Illinois General Assembly - Bill Status for HB3969

Illinois General Assembly - Bill Status for HB3969

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Bill Status of HB3969 102nd General Assembly

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Short Description: VENTURE CAPITAL CREDIT

House Sponsors
Rep. Mark L. Walker - Keith Farnham - Eddie Lee Jackson, Sr., Carol A. Sente, Jehan A. Gordon, Michael K. Smith, Lou Lang and Eddie Washington

Last Action

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. Provides for a credit in an amount equal to 25% of the taxpayer's equity investment in a qualified new business venture, including investments made through a certified fund manager. Sets forth limitations on the credit.

Actions

Date	Chamber	Action
2/26/2009	House	Filed with the Clerk by Rep. Mark L. Walker
2/26/2009	House	First Reading
2/26/2009	House	Referred to Rules Committee
3/3/2009	House	Assigned to Revenue & Finance Committee
3/5/2009	House	Added Chief Co-Sponsor Rep. Keith Farnham
3/13/2009	House	Rule 19(a) / Re-referred to Rules Committee
10/30/2009	House	Added Co-Sponsor Rep. Carol A. Sente
1/27/2010	House	Assigned to Revenue & Finance Committee
2/10/2010	House	Added Chief Co-Sponsor Rep. Eddie Lee Jackson, Sr.
2/10/2010	House	Chief Co-Sponsor Changed to Rep. Eddie Lee Jackson, Sr.
2/10/2010	House	Added Co-Sponsor Rep. Jehan A. Gordon
2/10/2010	House	Added Co-Sponsor Rep. Michael K. Smith
2/16/2010	House	Added Co-Sponsor Rep. Lou Lang
3/3/2010	House	Added Co-Sponsor Rep. Eddie Washington
3/15/2010	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die