Skip to content

Venture Capital Credit

This bill failed and is no longer moving.

IL HB 3969 · House Bill · 96th

Stage
Failed
Started in
House
Sponsor
1
Latest action
Jan 11, 2011

What it does

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.

Read the full text

Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in Illinois.

Work with this bill

VENTURE CAPITAL CREDIT | 52