Votes: IL SB0304 | 2023-2024 | 103rd General Assembly
Bill Title: Amends the Illinois Income Tax Act. In provisions concerning the angel investment credit, provides that the amount of the credit is 35% (rather than 25%) of the claimant's investment made directly in the qualified new business venture if the investment is made in (1) a qualified new business venture that is a minority-owned business, a women-owned business, or a business owned a person with a disability or (2) a qualified new business venture in which the principal place of business is located in a county with a population of not more than 250,000. Increases the aggregate amount of angel investment credits that may be claimed in a taxable year.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2023-03-10 - Rule 3-9(a) / Re-referred to Assignments [SB0304 Detail]
Text: Latest bill text (Introduced) [HTML]
States not producing parsable votes may be available as images in Supplemental Documents.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2023-03-10 - Rule 3-9(a) / Re-referred to Assignments [SB0304 Detail]
Text: Latest bill text (Introduced) [HTML]
Voting Records
Chamber | Vote | Date | Yea | Nay | NV | Abs | Total | Result | Source | View |
---|---|---|---|---|---|---|---|---|---|---|
No roll call record information currently on file. |