Bill Texts: IL HB3555 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Illinois Income Tax Act. Provides that each taxpayer that is primarily engaged in manufacturing is entitled to a credit in an amount equal to 5% of the cost of renewable energy resources used by the taxpayer during the taxable year. Provides that the credit may be carried forward. Provides that the credit is exempt from the Act's automatic sunset provision. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB3555 Detail]

Bill Drafts

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Introduced2015-02-26HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB3555

Supplemental Documents

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No supplemental documents for Illinois HB3555 currently on file.

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