Illinois General Assembly - Bill Status for HB4563
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 Bill Status of HB4563  98th General Assembly


Short Description:  EDGE-WITHHOLDING

House Sponsors
Rep. David Harris

Last Action
DateChamber Action
  12/3/2014HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 5/704A
35 ILCS 10/5-15


Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that any taxpayer that has been awarded an EDGE credit for a taxable year beginning on or after January 1, 2014 may elect to claim up to 20% of the amount of the credit against its obligation to pay over withholding taxes. Amends the Illinois Income Tax Act to make conforming changes. Effective immediately.

Actions 
DateChamber Action
  2/4/2014HouseFiled with the Clerk by Rep. David Harris
  2/4/2014HouseFirst Reading
  2/4/2014HouseReferred to Rules Committee
  2/27/2014HouseAssigned to Revenue & Finance Committee
  2/27/2014HouseTo Income Tax Subcommittee
  3/28/2014HouseRule 19(a) / Re-referred to Rules Committee
  12/3/2014HouseSession Sine Die

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