<?xml version="1.0"?>
<bill>
  <canonical_name>GA96HB3969</canonical_name>
  <ga>96</ga>
  <type>HB</type>
  <number>3969</number>
  <short_description>VENTURE CAPITAL CREDIT</short_description>
  <synopsis_as_introduced>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.</synopsis_as_introduced>
  <ilga_url>http://www.ilga.gov/legislation/BillStatus.asp?DocNum=3969&amp;GAID=10&amp;DocTypeID=HB&amp;LegId=46810&amp;SessionID=76&amp;GA=96</ilga_url>
  <actions>
    <action>
      <action_date>2010-03-03 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Co-Sponsor Rep. Eddie Washington</description>
      <is_major_action>0</is_major_action>
      <order_number>13</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-02-10 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Chief Co-Sponsor Rep. Eddie Lee Jackson, Sr.</description>
      <is_major_action>0</is_major_action>
      <order_number>8</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-02-10 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Chief Co-Sponsor Changed to Rep. Eddie Lee Jackson, Sr.</description>
      <is_major_action>0</is_major_action>
      <order_number>9</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-02-10 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Co-Sponsor Rep. Jehan A. Gordon</description>
      <is_major_action>0</is_major_action>
      <order_number>10</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-02-16 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Co-Sponsor Rep. Lou Lang</description>
      <is_major_action>0</is_major_action>
      <order_number>12</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-10-30 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Co-Sponsor Rep. Carol A. Sente</description>
      <is_major_action>0</is_major_action>
      <order_number>6</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-02-10 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Co-Sponsor Rep. Michael K. Smith</description>
      <is_major_action>0</is_major_action>
      <order_number>11</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-01-27 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Assigned to Revenue &amp; Finance Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>7</order_number>
      <committee_canonical_name>HREF</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-03-13 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Rule 19(a) / Re-referred to Rules Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>5</order_number>
      <committee_canonical_name>HRUL</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-03-05 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Added Chief Co-Sponsor Rep. Keith Farnham</description>
      <is_major_action>0</is_major_action>
      <order_number>4</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-26 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Referred to Rules Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>2</order_number>
      <committee_canonical_name>HRUL</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-03-03 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Assigned to Revenue &amp; Finance Committee</description>
      <is_major_action>0</is_major_action>
      <order_number>3</order_number>
      <committee_canonical_name>HREF</committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-26 00:00:00</action_date>
      <chamber>House</chamber>
      <description>First Reading</description>
      <is_major_action>1</is_major_action>
      <order_number>1</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2009-02-26 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Filed with the Clerk by Rep. Mark L. Walker</description>
      <is_major_action>0</is_major_action>
      <order_number>0</order_number>
      <committee_canonical_name></committee_canonical_name>
    </action>
    <action>
      <action_date>2010-03-15 00:00:00</action_date>
      <chamber>House</chamber>
      <description>Rule 19(a) / Re-referred to Rules Committee</description>
      <is_major_action>1</is_major_action>
      <order_number>14</order_number>
      <committee_canonical_name>HRUL</committee_canonical_name>
    </action>
  </actions>
  <sponsors>
    <sponsor>
      <member_canonical_name>LouLang</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>EddieWashington</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>MichaelKSmith</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>JehanAGordon</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>CarolASente</member_canonical_name>
      <chamber>House</chamber>
      <type>Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>EddieLeeJacksonSr</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>KeithFarnham</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Co-Sponsor</type>
    </sponsor>
    <sponsor>
      <member_canonical_name>MarkLWalker</member_canonical_name>
      <chamber>House</chamber>
      <type>Chief Sponsor</type>
    </sponsor>
  </sponsors>
</bill>

