Amends the Illinois Income Tax Act.Illinois · HB 3318 · Last action Jun 23, 2020Amends 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.Latest action: House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules CommitteeReferred
Amends the Illinois Income Tax Act.Illinois · SB 11 · Last action Jan 8, 2013Amends the Illinois Income Tax Act. Creates income tax credits for amounts invested by a taxpayer in a qualified new business venture, including investments made through an investment fund manager. Provides that the credit shall be equal to 25% of the amount invested. Provides that the credits may be carried forward for a period of 5 years. Provides that…Latest action: Session Sine DieFailed
Amends the Illinois Income Tax Act.Illinois · HB 3969 · Last action Jan 11, 2011Amends 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.Latest action: Session Sine DieFailed