Illinois General Assembly - Bill Status for HB1468
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB1468  97th General Assembly


Short Description:  ELECTRIC EXCISE TAX-CREDIT

House Sponsors
Rep. Jack D. Franks

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 640/2-5.5 new


Synopsis As Introduced
Amends the Electricity Excise Tax Law. Creates an alternative energy credit for taxpayers who construct facilities that generate electricity using alternative energy sources (including solar, wind, geothermal, landfill methane gas, fuel cells, and biomass). Provides that the credit shall be 0.18 cents per kilowatt hour generated by the alternative energy system. Provides that the credit shall sunset on January 1, 2019. Effective July 1, 2011.

Actions 
DateChamber Action
  2/10/2011HouseFiled with the Clerk by Rep. Jack D. Franks
  2/14/2011HouseFirst Reading
  2/14/2011HouseReferred to Rules Committee
  2/15/2011HouseAssigned to Revenue & Finance Committee
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  1/8/2013HouseSession Sine Die

Back To Top