Bill Texts: IL HB3318 | 2019-2020 | 101st 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.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2020-06-23 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee [HB3318 Detail]

Bill Drafts

RevisionDateFormatSourceView
Introduced2019-02-15HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
House Amendment 0022020-03-06ProposedHTML/TextLinkView
House Amendment 0012019-03-27ProposedHTML/TextLinkView

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Illinois HB3318 currently on file.

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