IL HB3682 | 2009-2010 | 96th General Assembly

Status

Sponsorship: Partisan Bill (Democrat 6)
Status: Engrossed on April 1 2009 - 50% progression, died in committee
Action: 2009-05-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Illinois Income Tax Act. Authorizes a credit to taxpayers for an amount equal to 20% of the amount of expenditures by the taxpayer for equipment placed in service during the taxable year for the purpose of preventing identity theft, but not to exceed $100 per article of equipment. Provides that the credit may not reduce the taxpayer's liability to less than zero and may not be carried back, but may be carried forward and applied to the tax liability of the 2 taxable years following the excess credit year. Exempt from the Act's sunset provisions. Effective immediately.

Tracking Information

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Title

INC TAX CREDIT ID THEFT

Sponsors


History

DateChamberAction
2009-05-08 Rule 3-9(a) / Re-referred to Assignments
2009-04-30 To Revenue Subcommittee on Special Issues
2009-04-22 Assigned to Revenue
2009-04-15 Referred to Assignments
2009-04-15 First Reading
2009-04-13 Chief Senate Sponsor Sen. Susan Garrett
2009-04-02 Placed on Calendar Order of First Reading April 21, 2009
2009-04-02 Arrive in Senate
2009-04-01 Third Reading - Short Debate - Passed 113-003-000
2009-03-31 Added Chief Co-Sponsor Rep. Keith Farnham
2009-03-31 Added Chief Co-Sponsor Rep. Jack D. Franks
2009-03-20 House Committee Amendment No. 1 Fiscal Note Filed as Amended
2009-03-19 Placed on Calendar Order of 3rd Reading - Short Debate
2009-03-19 Second Reading - Short Debate
2009-03-12 Added Co-Sponsor Rep. Michael J. Zalewski
2009-03-12 Added Co-Sponsor Rep. Deborah Mell
2009-03-12 Added Co-Sponsor Rep. Jehan A. Gordon
2009-03-12 Placed on Calendar 2nd Reading - Short Debate
2009-03-12 Do Pass as Amended / Short Debate Revenue & Finance Committee; 013-000-000
2009-03-12 House Committee Amendment No. 1 Adopted in Revenue & Finance Committee; by Voice Vote
2009-03-12 House Committee Amendment No. 1 Filed with Clerk by Revenue & Finance Committee
2009-03-12 Remains in Revenue & Finance Committee
2009-03-12 Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 003-000-000
2009-03-03 Assigned to Revenue & Finance Committee
2009-02-24 Referred to Rules Committee
2009-02-24 First Reading
2009-02-24 Filed with the Clerk by Rep. Emily McAsey

Illinois State Sources


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