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<xml>
<title>Illinois General Assembly - Bill Status for HB 435          </title>
<shortdesc>EDGE-TRANSFER CREDIT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Mark L. Walker, Tony McCombie and Thomas M. Bennett</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 10/5-45</reference><aliasreference></aliasreference><SynopsisText>     Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that the recipient of a credit under the Act may apply for a certificate of transferability of credit from the Department of Commerce and Economic Opportunity for the amount of the credit not previously claimed. Provides that the transferability certificate may be transferred or sold by the recipient to another Illinois taxpayer. Makes other changes.</SynopsisText></synopsis>
<actions>
<statusdate>2/1/2021</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Mark L. Walker</action>
<statusdate>2/8/2021</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/8/2021</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/11/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Tony McCombie</action>
<statusdate>2/18/2021</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Thomas M. Bennett</action>
<statusdate>3/2/2021</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>3/11/2021</statusdate><chamber>House</chamber><action>To Income Tax Subcommittee</action>
<statusdate>3/27/2021</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

