LEITCH. 35 ILCS 5/213 new 35 ILCS 5/214 new Amends the Illinois Income Tax Act. Provides that, for taxable years ending on or after December 31, 2001 and on or before December 30, 2006, every small business operating within Illinois is entitled to claim an income tax credit for any amount paid to the United States Small Business Administration as a required fee pursuant to the obtaining of Small Business Administration guaranteed financing. Provides that, for taxable years ending on or after December 31, 2001 and on or before December 30, 2006, every individual taxpayer is entitled to claim an income tax credit for any amount paid as a required fee to obtain a guaranteed loan under the rural development loan program or the farm service loan program administered by the United States Department of Agriculture. Provides that both credits may be carried forward for 4 taxable years. Effective immediately. FEB-23-2001 H FILED WITH CLERK FEB-23-2001 H FIRST READING FEB-23-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-27-2001 H ASSIGNED TO COMMITTEE REVENUE MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary