92nd General Assembly
Summary of HB0224
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
JOHNSON-BLACK-LYONS,EILEEN-BELLOCK, O'BRIEN, REITZ AND FRANKS.

Short description: 
INC TAX-NATURAL GAS TAX CREDIT                                             

Synopsis of Bill as introduced:
        Amends the Illinois Income Tax  Act.   Provides  that,  beginning      
   with  taxable  years  ending  on or after December 31, 2001 and ending      
   with taxable years ending before December  31,  2006,  a  taxpayer  is      
   entitled to an income tax credit in an amount equal to the amount paid      
   in  the taxable year by the taxpayer for taxes assessed on natural gas      
   bills.  Allows the credit to be carried forward for 2 years.                
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status