Bill Status of HB5806 98th General Assembly
Short Description: INC TX-RENEWABLE ENERGY
Rep. John D. Anthony
| 12/3/2014||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that each taxpayer is entitled to a credit in an amount equal to 5% of the cost of renewable energy resources used by the taxpayer during the taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.
|Date||Chamber|| Action|| 2/14/2014||House||Filed with the Clerk by Rep. John D. Anthony|| 2/14/2014||House||First Reading|| 2/14/2014||House||Referred to Rules Committee|| 12/3/2014||House||Session Sine Die|