House Sponsors: BURKE-FORBY-FOWLER-BRADLEY. Short description: INC TAX-NATURAL GAS CREDIT Synopsis of Bill as introduced: Amends the Illinois Income Tax Act. Provides that, beginning with taxable years ending on or after December 31, 2001 and ending with taxable years ending on or before December 30, 2006, a taxpayer is entitled to an income tax credit in an amount equal to the amount paid in the taxable year by the taxpayer for natural gas consumed in Illinois, including all local, State, and federal taxes paid with respect to that natural gas. Allows the credit to be carried forward for 2 years. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status