Comments: IL HB3969 | 2009-2010 | 96th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides for a credit in an amount equal to 25% of the taxpayer's equity investment in a qualified new business venture, including investments made through a certified fund manager. Sets forth limitations on the credit.

Spectrum: Partisan Bill (Democrat 8-0)

Status: (Introduced - Dead) 2010-03-15 - Rule 19(a) / Re-referred to Rules Committee [HB3969 Detail]

Text: Latest bill text (Introduced) [HTML]

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