90th General Assembly
Status of HB1749
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FANTIN.

   35 ILCS 5/211 new                                                           

        Amends the Illinois Income Tax Act. Provides that beginning  with      
   tax  years  ending  on  or after December 31, 1997 and ending with tax      
   years ending on or before December 31, 2001, a corporation is entitled      
   to a credit in the amount of 25% of the amounts directly  invested  by      
   the  corporation  during  the tax year for the voluntary environmental      
   remediation of contaminated sites located in the State.  Provides that      
   any excess credit may be carried forward and applied to tax  liability      
   for 5 years.                                                                
   97-03-06  H  FIRST READING                                                  
   97-03-06  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-03-11  H       ASSIGNED TO COMMITTEE               REVENUE               
   97-03-21  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary