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IL HB5149

Bill

Status

Failed

1/8/2013

Primary Sponsor

Patrick Verschoore

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the Economic Development for a Growing Economy Tax Credit Act by modifying Section 5-3 (35 ILCS 10/5-3).
  • Makes a technical grammatical change to the Purpose section, changing "The The" to "The" in the opening language.
  • Retains the Act's stated purpose of making Illinois more competitive in business location decisions through tax credit incentives.
  • The substantive policy language regarding tax credits for medium-sized and large business operations remains unchanged.

Legislative Description

REVENUE-TECH

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Rules2/8/2012

Full Bill Text

No bill text available