Comments: IL HB2486 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Creates a deduction in an amount equal to 20% of the tax imposed under the Use Tax Act or the Retailers' Occupation Tax Act on the selling price of an alternative fuel vehicle or electric vehicle purchased during the taxable year. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2014-12-03 - Session Sine Die [HB2486 Detail]

Text: Latest bill text (Introduced) [HTML]

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