Bill Sponsors: IL HB1089 | 2011-2012 | 97th General Assembly

Bill Title: Creates the Efficient and Green Illinois Tax Credit Act. Authorizes the Department of Commerce and Economic Opportunity to award income tax credits based on 25% of the cost of qualifying expenditures for energy efficient projects, such as solar energy equipment, Energy Star certified heat pumps, lighting retrofit projects, and wind equipment. Authorizes the Department to adopt rules. Provides that the credit may be carried forward for up to 5 taxable years. Amends the Illinois Income Tax Act to make conforming changes. Provides that the credit is exempt from the Act's automatic sunset provisions. Effective immediately.

Spectrum: Partisan Bill (Democrat 12-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB1089 Detail]

Text: Latest bill text (Amended) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Thomas Holbrook [D]PrimarySponsored BillsHD-113FollowTheMoneyBallotpediaVoteSmart
Senator Daniel Biss [D]CosponsorSponsored BillsSD-009FollowTheMoneyBallotpediaVoteSmart
Representative Karen May [D]CosponsorSponsored BillsHD-058FollowTheMoneyBallotpediaVoteSmart
Representative Eddie Jackson [D]CosponsorSponsored BillsHD-114FollowTheMoneyBallotpediaVoteSmart
Representative Kenneth Dunkin [D]CosponsorSponsored BillsHD-005FollowTheMoneyBallotpediaVoteSmart
Representative Carol Sente [D]CosponsorSponsored BillsHD-059FollowTheMoneyBallotpediaVoteSmart
Representative Ann Williams [D]CosponsorSponsored BillsHD-011FollowTheMoneyBallotpediaVoteSmart
Representative Joseph Lyons [D]CosponsorSponsored BillsHD-019FollowTheMoneyBallotpediaVoteSmart
Representative Deborah Mell [D]CosponsorSponsored BillsHD-040FollowTheMoneyBallotpediaVoteSmart
Representative Jack McGuire [D]CosponsorSponsored BillsHD-086FollowTheMoneyBallotpediaVoteSmart
Representative Michelle Mussman [D]CosponsorSponsored BillsHD-056FollowTheMoneyBallotpediaVoteSmart
Representative Robert Rita [D]CosponsorSponsored BillsHD-028FollowTheMoneyBallotpediaVoteSmart

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