Comments: IL HB5378 | 2019-2020 | 101st General Assembly
Bill Title: Creates the Rural Job Creation Tax Credit Act. Provides that a taxpayer may claim a nonrefundable income tax credit for rural job creation equal to a percentage of the taxpayer's purchase of an equity interest in a rural investment company or purchase of a debt instrument issued by the rural investment company. Effective immediately.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2020-02-18 - Referred to Rules Committee [HB5378 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 4-0)
Status: (Introduced - Dead) 2020-02-18 - Referred to Rules Committee [HB5378 Detail]
Text: Latest bill text (Introduced) [HTML]
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