IL HB5583 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-05-22 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 14 2020 - 25% progression, died in committee
Action: 2020-05-22 - Added Co-Sponsor Rep. Jonathan "Yoni" Pizer
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Illinois Income Tax Act. Creates an income tax credit for taxpayers who purchase an electric vehicle during the taxable year. Provides that the amount of the credit is equal to the purchase price of the vehicle. Provides that excess credit amounts may not be carried forward or back and shall not be refunded to the taxpayer. Effective immediately.
Title
INC TX-ELECTRIC VEHICLE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-22 | House | Added Co-Sponsor Rep. Jonathan "Yoni" Pizer |
| 2020-02-18 | House | Referred to Rules Committee |
| 2020-02-18 | House | First Reading |
| 2020-02-14 | House | Filed with the Clerk by Rep. Mary Edly-Allen |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5583&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/HB/10100HB5583.htm |
