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HB 3969 Illinois House · 96th Regular Session

VENTURE CAPITAL CREDIT

Summary
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.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2009
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2009 Last action Jan 11, 2011
Floor votes

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Full legislative history

Actions timeline

Total actions
16
Key actions
0
Committee
5
Mar 15, 2010
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Jan 27, 2010
Committee
Assigned to Revenue & Finance Committee
lower
Mar 13, 2009
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 3, 2009
Committee
Assigned to Revenue & Finance Committee
lower
Feb 26, 2009
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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